Quant Price Forecast: March 9
The Quant price forecast is for the market to attract more investment into the price, causing a rally that will drill through the $155.70 resistance.
Quant Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Zones of supply: $155.70, $227.70
Zones of Demand: $101.30, $125.25
The Quant market, still confined to the bullish flag formation, shows much potential for a strong rally once it finds a foothold. The price drops to a lower level, towards $101.30, making the coin attractive for potential investors, considering the bullish potential of the market. A strong rally that will push the coin high, up to $155.70, is expected.
Quant Price Forecast: QNT/USD Outlook
The Quant market is still enclosed in a bullish flag formation as the buyers are trying to wrestle control from the seller. The flag formation continues as the price dips below the $125.25 key level.
The market looks attractive to investors due to its great potential for price increases. Hence, many buyers seek to hop on the market as soon as that possible.
The price is heading for a major support level at $101.30. The RSI (Relative Strength Index) is now overbought. This signals an imminent rise in the market.
QNT/USD Medium-Term Trend: Bullish (4-hour chart)
The Stochastic Oscillator of the daily chart has likewise plunged into the oversold territory and is currently reacting along the border. This is the same thing happening on the 4-hour chart. This signifies that the market’s price may reverse pretty soon.
On the 4-hour chart, the RSI line, which had only been bouncing above the oversold region border, has finally dropped deep into the oversold region. The market is oversold, but with investors buying with great expectation of a good market turnout, the coin is expected to spring back upward very soon, towards $155.70.
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