Quant Price Forecast: QNTUSD Continues on a Bullish Trendline Path

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Quant Price Forecast: December 4

The Quant price forecast is that the price of the QNTUSD coin will continue to rise after picking up from the last discount price retest.

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

Key Levels:
Zones of Supply: $86.20, $131.30, $210.20
Zones of Demand: $39.40, $41.80, 87.80

The Quant market has acquired the push it needed after opening up at the $94 discount level to bring the price back to the $130 zone again. Although bearish pressures caused the market to fall in October, the market has now accumulated enough pressure for bulls to maintain the new Quant bullish momentum.

Quant Price Forecast: QNT/USD Outlook

The Zig Zag indicator has summarized that the market price is now rising after retouching the bullish trendline. The indicator has caught sight of the buyers’ attempt to return QNTUSD to trading above the $150 zone.

Since the successful trendline hit-and-run move, the Parabolic SAR (Stop and Reverse) dots have since underlined the QNTUSD market candlesticks. This demonstrates Quant Bull’s eagerness and decisive drive to rise following the recent takeoff point.

The Bollinger Bands after having its band stretched to the $132 level during the market’s landing on the trendline runway, have returned to indicate that the market has returned to a bullish form.

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

On the lower time frame, however, the market’s bullish reversal seems to have spread out into a bullish microchannel. The indicators, however, maintain that the Quant price is still on a space mission.

The Parabolic SAR as well as the Bollinger Bands continue to indicate a bullish run for the QNT market despite the fluctuations within the new rising channel. Despite the new channel development, the market remains set to return above the $130 zone.

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