Quant Price Forecast: QNTUSD Maintains Bullish Prowess

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 Price Forecast: January 20

The Quant price forecast is that the market will rally up to test the $155.70 resistance level and break through it.

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

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

Quant Price Forecast: QNTUSD Maintains Bullish Prowess

The QNTUSD buyers are displaying their prowess. Since the breakout from below the $125.25 significant level, the market has been steadily rising. The price dropped for a retest at $125.25 and is now back and firing upward again. The target is the next resistance level at $155.70. The coin will be looking to use its incredible momentum to break through immediately.

Quant Price Forecast: QNT/USD Outlook

Quant buyers are without doubt in control of the market. The momentum that was generated while the price was ranging between $101.30 and $125.25 has been well put to use.

The display of bullish prowess has continued even after the breakout. The coin first had to retest the $125.25 key level (now converted to a support level), and it has continued its rally toward $155.70.

Since the breakout from below the $115.00 consolidation middle line, the Parabolic SAR (Stop and Reverse) has lined below the daily candles to show the bullish prowess in the market.

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

Despite the retracement, the Parabolic SAR dots remain below the daily candles. However, they switch above the 4-hour candles. Now that the coin has bounced off the $125.25 significant level in a rally, the dots have switched back below the 4-hour candles.

Quant Price Forecast: QNTUSD Maintains Bullish Prowess

The MACD (Moving Average Convergence Divergence) also shows the strength of the bulls. On the daily chart, the MACD line, which has been fluctuating below the zero level, has finally risen above it in a display of bullish strength. The current rally will reach the $155.70 key level and attempt to break through it.

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.