Quant Price Forecast: QNTUSD Is Strongly Bullish

Updated:

Checkmark

Invest at least $250 in D2T to gain lifetime access to our VIP Signals

Checkmark

Get early access to Dash 2 Trade’s Presale. Buy the D2T token now

Checkmark

Existing community of 70,000+ traders

Checkmark

Unlocks access to the leading crypto trading analysis, signals and trading tools

Checkmark

As featured in CryptoNews.com, FXEmpire.com, FXStreet.com and more

Checkmark

World class development team backed by Quant developers and VC investors


Quant Market Forecast: January 16

The Quant price forecast is for a strong and aggressive bullish market to keep clearing its way till it reaches the $155.70 resistance and surpasses it.

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

Key Levels:
Zones of supply: $125.25, $155.70, $227.70
Zones of Demand: $88.70, $101.30, $115.00

Quant Price Forecast: QNTUSD is strongly bullish

QNTUSD has finally broken out after a session of consolidation. The ranging phase, as expected, helped generate a lot of momentum, which the buyers took advantage of. The price is now heading toward the $155.70 resistance level with consecutive bullish candlesticks. However, it is unlikely that the coin will retest the previous resistance level of $125.25 before continuing to rise.

Quant Price Forecast: QNT/USD Outlook

All the plans of the buyers are finally coming to fruition. The market has had to undergo an extended period of consolidation from early November last year until a few days ago.

The coin was confined primarily between the $125.25 resistance level and the $110.30 support level. However, after a while, the price came under lower resistance at $115.00. It was the breakout from here that eventually led to the breakout from $125.25.

The bulls are growing in leaps and bounds now as the market gyrates toward the $155.70 key level. The Momentum indicator is showing that price momentum is high and increasing.

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

The EFI (Elders Force Index) power line on the daily chart, while it has shifted above the zero level, shows the buyers have to do more to clear out the sellers and prevent them from clawing back the price anytime soon. Meanwhile, the power line has risen very high on the 4-hour chart.

Quant Price Forecast: QNTUSD is strongly bullish

The Momentum indicator shows that currently, having ascended above the $125.25 resistance level, Quant has its momentum moving in an undulating manner. It is not out of place for the market to pull back from the $125.25 key level to spring further higher toward the $155.70 new resistance level.

Place winning Quant trades with us. Get QNT here

NoteLearn2.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
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9
Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.