Quant Price Forecast: QNTUSD Buyers Maintain Bullish Momentum

Quant Price Forecast – July 14th

The Quant price forecast shows buyers have set their bullish action in motion after breaching the $73,000 key level, with their sights now set on the $81,000 significant resistance.

QNTUSD Long-Term Trend: Bullish (1-Day Chart)
Key Levels

Support Levels: $80.000, $73.000
Resistance Levels: $67.000, $63.700
The Quant buyers have initiated bullish action after surpassing the $73,000 key level, determined to push the price higher. The Quant price had previously faced heavy resistance and bearish sentiment before this latest breakout. The bears have controlled the market for over three months, maintaining pressure after the buyers faced defeat at the $90,630 key level.

Quant Price Forecast: QNTUSD Outlook

This month, the Quant price fell to the $63,000 significant level, but the buyers have managed a solid recovery. Currently, the buyers have pushed the price above the $73,000 key level, and their next target is the $81,000 significant level. A successful response from the buyers at this key level would provide confidence for a solid reversal.

The Momentum indicator is trading at a buying pace, continuing to increase, while the RSI (Relative Strength Index) remains focused on a buy signature. However, in the shorter timeframe, the buying confidence is shaking as the sellers are putting pressure on the buy momentum.

The Momentum indicator has slowed down, and the RSI is trading at its peak. The buyers will still need to retain their strength for a breakthrough to the $81,000 level.

Quant Medium Term: Bullish (4-Hour Chart)

The current market dynamics suggest that the Quant buyers have regained their footing and are determined to push the price higher.
The technical indicators, such as the Momentum and RSI, are providing mixed signals, with the longer-term trend favoring the buyers while the shorter-term momentum is facing some selling pressure. Crypto signals can offer additional insights into potential market movements and trading opportunities.

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