Quant Price Forecast: QNTUSD Breaches the $115.00 Limitation

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


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

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *