Quant Price Forecast: QNTUSD Persistently Tests the $91.80 Resistance

Quant Price Forecast: February 11

The Quant price forecast suggests a potential bullish breakout as the coin continues testing the $91.80 resistance level. A successful breakout could bring the market back into a previous consolidation zone.

Quant Long-Term Trend: Bearish (1-Day Chart)
Key Levels:

Supply Levels: $91.80, $101.65
Demand Levels: $56.15, $73.00
Quant is gradually shifting toward a bullish market after an extended period of bearish control. Following a prolonged consolidation phase, the price declined further below $91.80. However, buyers are now beginning to regain momentum.

Quant Price Forecast: QNTUSD Outlook

After breaking downward from the consolidation zone, the price briefly touched the $73.00 support level before rebounding.

The $91.80 supply zone, which extends to $101.65, remains firm, but bulls continue to challenge it. The Parabolic SAR dots are still positioned above the candles, though an upward breakout could see them switch below.

The MACD lines remain below the equilibrium level, but the diminishing red histogram bars indicate a gradual bullish transition.

QNTUSD Medium-Term Trend: Bullish (4-Hour Chart)

The 4-hour chart provides a clearer view of how the candles repeatedly test the $91.80 former demand zone. As a result, the Parabolic SAR dots are now alternating around the candles as price action fluctuates below the zone.
The MACD lines on this timeframe are currently positioned at equilibrium, with an increasing presence of green histogram bars. Buyers are steadily gaining strength, and a decisive bullish move may be imminent, presenting an opportunity for those following crypto signals.

Make money without lifting your fingers: Start using a world-class auto trading solution 

How To Buy Lucky Block

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.