Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Quant Price Forecast: April 14
The Quant price forecast is poised for a swift rebound after significantly slipping below the $96.90 significant level.
Quant Long-Term Trend: Bullish (1-day Chart)
Key Levels:
Zones of supply: $117.60, $131.00, $142.10
Zones of Demand: $87.60, $96.90, $107.40
Quant is recovering nicely after a drop that takes the market below the $96.90 significant level. Since breaking out using a bullish Flag structure, the market has been limited to $153.50, and then the coin’s movement has been topsy-turvy, with the bulls and bears having their fair share of periods of control. Despite the fluctuations, the price didn’t drop to the $96.90 support level until this past weekend. The coin plunged below $87.60, but the market is swiftly recovering.
Quant Price Forecast: QNT/USD Outlook
Quant is showing signs of recovery after experiencing a decline that breached the critical $96.90 support level.
Following a breakout via a bullish Flag structure, the market reached a peak at $153.50. Subsequently, the coin’s trajectory has been marked by fluctuating control between bulls and bears.
However, it was only this past weekend that the price dipped below the $96.90 support level, descending further to $87.60. Despite this setback, the market is showing a swift recovery.
QNT/USD Medium-Term Trend: Bullish (4-hour chart)
Volatility remains a defining characteristic of the Quant market since the bullish flag breakout, as evidenced by the Average True Range (ATR) indicator. Interestingly, even after the drop below $96.90, the ATR did not experience a significant decline and is now rebounding. Meanwhile, the MA period 20 (Moving Average) is currently positioned above the candlesticks, reflecting the recent dip below $96.90.
On the 4-hour timeframe, the market has surpassed the MA period 20, with the price striving for higher levels at $107.40. The ATR indicator has registered a sharp increase in volatility, providing buyers with ample opportunities. Given the current dynamics, crypto signals suggest the market is poised to revisit the $153.50 level and may even surpass it this time around.
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, presented product, or event. We are not responsible for your investment 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.
