Quant Price Forecast: April 23
The Quant Price forecast is for the coin to utilize the $106.90 significant level to evade the market structure to reignite its bullish movement.
Quant Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Zones of supply: $155.70, $134.20, $125.25
Zones of Demand: $101.30, $115.00, $106.90
Currently, Quant price has dropped to the support level, and there are already indications that the price is rising. The coin is expected to rise to $134.20 before driving even higher. The Quant market is looking more likely to come under the influence of buyers. The coin has just
Quant Price Forecast: QNT/USD Outlook
This year, the Quant market has experienced being greatly influenced by buyers. Most recently, to a lesser extent, the market has also experienced the influence of the sellers.
However, it is now expected that the buyers will take control of the market again after it does not rally out of the triangle structure in which it has accumulated for several days.
The coin plans to evade the triangle structure by rebounding from $106.90 and steering clear of it. The lower Bollinger Band will aim for the recovery of the candles when it tries to recoil, bringing the market up with itself.
QNT/USD Medium-Term Trend: Bullish (4-hour chart)
The Stochastic Oscillator lines have plunged deeply, showing the market is oversold, and have immediately started pushing out of the oversold region. The indication is advanced on the 4-hour chart in that the Stochastic lines have risen to overbought and have retraced.
On the 4-hour chart, the candles have bounced off the lower band to the upper Band. Right now, the candles are stationed above the middle Bollinger Band. This shows that there is much active work being done by the bulls in the background to rally the market. The intention is to evade the structure as it aspires to rise toward $134.20.
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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