Quant Price Forecast: February 23
The Quant price forecast is for the coin to continue gaining momentum in consolidation and ultimately break the barriers.
Quant Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Zones of supply: $147.60, $155.70, $222.70
Zones of Demand: $42.40, $88.70, $125.25
The Quant market continues to gather bullish momentum as the price consolidates. The range is between two vital levels of $147.60 and $125.25. The coin continues to retest these levels as the market prepares for a breakout to the upside. It will help the coin bypass the $155.70 resistance and continue its previous bullish trend.
Quant Price Forecast: QNT/USD Outlook
Just before the Quant coin was locked in the consolidation zone, the price initially responded at the $155.70 resistance level. The inability to stay above the level resulted in a price drop toward the $125.25 support.
Back at the support level, an upswing began immediately after the coin tested the support, meaning the buyers have taken control of the price. However, this is only good for $147.60.
Following that, the price falls back to the support level. The blue line of the Momentum indicator has been on the rise even before the coin touched the support level and has been steadily increasing.
QNT/USD Medium-Term Trend: Bullish (4-hour chart)
The price is in a consolidation zone as the bulls continue to battle for market control. On the daily chart, the Stochastic Oscillator indicator depicts the market as it ranges between significant levels. The lines of the Oscillator have crossed downward for a drop back to the oversold region.
The 4-hour chart shows the market is on the rise in consolidation. It comes with increasing momentum, as indicated by the Momentum indicator. The Stochastic Oscillator indicates upward price movement, indicating a full-swing bullish ride in the consolidation. QNTUSD would test the barrier levels, leading to a breakout past $155.70.
Place winning Quant trades with us. Get QNT here
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.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.