Quant Price Forecast: November 21
The Quant price forecast is for the market to continue making progress upward. The price has been consistently making higher highs and lows.
Quant Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Zones of supply: $42.40, $88.70, $155.70
Zones of Demand: $222.70, $260.00, $352.10
Quant is expected to maintain its steady upward trend. The market has been recovering nicely after a bearish period. The $42.40 support level is the point of reversal where the downtrend was stopped and where the coin began to make a recovery. Since then, QNTUSD has been making progress upward. If not for a harsh rejection at $222.70, the market would have probably risen even higher.
Quant Price Forecast: QNT/USD Outlook
The Quant market dipped unexpectedly and continuously till it reached the $42.40 demand, where the buyers were positioned to overthrow the market, which they did, taking control of it.
The coin immediately rose to the next support level of $88.70. The price attempted to spring even higher, but it met harsh resistance at $222.70. This doesn’t deter the bulls, though, and they keep making progress.
The effect of the rejection at $222.70 is demonstrated by the RSI (Relative Strength Index), whose line plunged back to the oversold border despite the market making a slightly higher low.
QNT/USD Medium-Term Trend: Bullish (4-hour chart)
The EMA period 100 (Exponential Moving Average) remains hanging above the daily candles as well as the 4-hour candles. It is expected that the price will eventually trade above the EMA as the coin continues to make upward progress.
The RSI on the 4-hour chart has dropped into the bearish half of the chart and could be set for an imminent rise, especially as the market has landed on the ascending trendline that gradually carries the price upward. The price is expected to re-test the $227.70 resistance level to break it and rise further.
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.