Quant Price Forecast: QNTUSD Buyers Are Grouping to Strengthen Their Influence

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Quant Price Forecast: November 30

The Quant price forecast is for the market buyers to continue to wield influence over the coin as they group to strengthen their influence.

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

Key Levels:
Zones of supply: $155.70, $222.70, $428.00
Zones of Demand: $20.00, $42.40, $88.70

Quant Price Forecast: QNTUSD Buyers Are Grouping to Strengthen Their Influence

The QNTUSD market is primed for upward movement. The coin is already in a general trend and has just made a higher low. QNTUSD is on the verge of continuing its upward trend. However, before the market rises, the buyers are grouped to strengthen their hold on the market.

Quant Price Forecast: QNT/USD Outlook

The Quant market is on the rise due to the overriding activities of the bulls. As a result, the market has been experiencing higher highs and lows.

The buyers continue to influence the market despite a rejection of the market that happened on October 17, at $227.70.

The buyers have decided to strengthen themselves to launch an assault on the $227.70 resistance. The price is currently tapering into a bullish triangle structure.

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

The market is on course to keep punching its weight. On the daily chart, the MACD (Moving Average Convergence Divergence) lines have made a golden upward cross from below the zero level. Bullish histogram bars are already being formed. The lines are already at equilibrium on the 4-hour chart.

 

Quant Price Forecast: QNTUSD Buyers Are Grouping to Strengthen Their Influence

While in the longer term, the coin still has to overcome the MA period 50 (Moving Average), it has already done this in the shorter time frame. This confirms the buyers’ progress as they influence the market from the background. QNTUSD will aim to break the resistance and reach $352.10.

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Note: Learn2.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.

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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.