Quant Price Forecast: QNTUSD Rebounds as Buyers Regain Momentum

Quant Price Forecast – September 2nd

The Quant price forecast indicates that buyers are making a strong recovery after a recent bearish decline.

QNTUSD Long Term Trend: Bullish (1-Day Chart)
Key Levels

Support Levels: $65.000, $77.27
Resistance Levels: $60.000, $50.500
The QNTUSD coin has regained momentum after dropping below the $60.000 key level. In the last few days of August, Quant had been on a bearish trajectory, with buyers previously reaching only the $72.270 significant level before the market turned downward.

Quant Price Forecast: QNTUSD Outlook

Buyers attempted to reverse the trend around the $64.150 significant level. Despite their efforts, the price continued to decline, eventually reaching the $60.000 key level. As a new month begins, buyers are now bouncing back, and a strong foothold at the $69.000 key level could trigger a bullish reversal in the market.

The RSI (Relative Strength Index) is nearing a crossover that could push sellers out of the market on the daily chart. Since Quant buyers failed to break through the $72.270 key level, the Momentum indicator has been declining, creating challenges for traders looking to enter buy positions.

With firm support at the $69.000 key level and positive signals from the RSI, buyers are well-positioned to regain market control. However, the Momentum indicator remains a concern, and buyers must surpass the $72.270 resistance level to sustain their recovery.

Quant Medium Term Trend: Bullish (4-hour chart)

In the short term, the buyers’ movement signals a potential reversal, which could be confirmed by an uptick in the Momentum indicator.
The RSI suggests that buyers are holding their ground, and the sellers are likely to exit soon. This positive sentiment creates a favorable environment for the QNTUSD pair to achieve further gains in the coming month. For those following crypto signals, this could be an important time to watch the market closely as buyers seek to strengthen their position.

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