Quant Price Forecast: QNT Breaks $125 Consolidation Resistance
Login

Quant Price Forecast: QNTUSD Breaks the $1225.25 Consolidation Resistance Level

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

Azeez Mustapha

Updated:

Quant Price Forecast: January 13

The Quant price forecast is for the market to touch down at the $115.00 level to gain strength and refire at the $125.25 resistance level.

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

Key Levels:
Zones of supply: $125.25, $155.70, $227.70
Zones of Demand: $42.40, $88.70, $101.30

Quant Price Forecast: QNTUSD breaks the 25.25 consolidation resistance level

After breaking out from below the $115.00 Quant market, prices have risen to test the $125.25 resistance level. The price does not break out on the first attempt. The coin has then decided to pull back to $115.00 to seek reinforcement, which it can use to break the $125.25 resistance level.

Quant Price Forecast: QNT/USD Outlook

The Quant market had a session in the confines of the lower half of the ranging zone below $115.00. This session spanned more than 3 weeks, after which the price rose above $115.00 again.

After gaining strength and breaking out, the coin is now gunning for the $125.25 resistance level as well. When it is reached, the momentum is exhausted, and the price begins a retracement back to $115.00.

The price is expected to gain a level of support from which it will push back toward the $125.25 resistance level. Therefore, the Stochastic lines are now pointing downward from the overbought region.

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

The MA period 35 remains below the current trading level and will be on hand to give support to the $115.00 key level so that the price will not slip below the level. This is the same situation on the 4-hour chart, although the MA period 30 is closer to the candlesticks. If the coin is to pull back to $115.00, it will likely trade below the MA in this 4-hour time frame.

Quant Price Forecast: QNTUSD breaks the 25.25 consolidation resistance level

The Stochastic Oscillator lines of the 4-hour chart have plunged to the border of the oversold region. It is anticipated that the price will still drop below the current trading level as the price will seek reinforcement on the solid foundation of the $115.00 resistance. Quant is expected to spring back upward immediately towards the $125.25 resistance level.

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