Quant Price Forecast: QNTUSD Breaches the $115.00 Limitation
Login

Quant Price Forecast: QNTUSD Breaches the $115.00 Limitation

Estimated Reading Time: 3 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Quant Market Forecast: January 9

The Quant price forecast is for increased upward momentum after bulls successfully breach the $115.00 supply level.

Quant Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Zones of supply: $125.25, $155.70, $227.70
Zones of Demand: $88.70, $101.30, $115.00

Quant Price Forecast: QNTUSD Breaches the $115.00 Limitation

The plans of the QNTUSD buyers are going as anticipated. The price was initially reduced to the lower level of its general ranging zone. After gaining momentum, the coin has now forced its way through the $115.00 supply zone. The next agenda item will be to strengthen at that level and surge to the $125.25 resistance level to test it and break it also.

Quant Price Forecast: QNT/USD Outlook

In a bid to generate more momentum, the market has limited its movement to ranging between $115.00 as the resistance and $101.30 as the support level. This spanned from mid-December into the new year.
This price is now ready to test itself in the general consolidation zone.

Therefore, it began to push strongly against the $115.00 supply level on the 5th of January. By yesterday, the 8th of January, the coin had breached the supply level.

The price is currently displaying consecutive bullish candles to show bullish strength, and this is marked on the Stochastic Oscillator chart as the lines rise into the overbought zone.

QNT/USD Medium-Term Trend: Bullish (4-hour chart)

In breaking above $115.00, the coin has traded above the MA period 20 (Moving Average) on the daily chart, turning it into support for the market. Similarly, on the 4-hour chart, the price leveraged support from the MA period 20 for a steady rise until it broke through the $115.00 resistance level.

Quant Price Forecast: QNTUSD Breaches the $115.00 Limitation

The Stochastic Oscillator lines have bounced off the border of the oversold region and risen highly into the overbought region. The lines are now fluctuating around the border. We can expect a small price retracement to settle above the $115.00 key level before the price breaks the next supply at $125.25.

Place winning Quant trades with us. Get QNT here

NoteLearn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

 

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News