Quant Price Forecast: QNTUSD Remains on a Bullish Agenda Along a Trendline

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Quant Price Forecast: November 24

The Quant price forecast is for the market to complete its agenda of moving the price from its current level to a higher price level.

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

Key Levels:
Zones of supply: $155.70, $222.70
Zones of Demand: $42.40, $88.70

Quant Price Forecast: QNTUSD remains on a bullish agenda along a trendline

QNTUSD is expected to complete its bullish agenda by moving the price to a higher level. The bullish agenda was set off as soon as the buyers were able to get a hold of the market on the 14th of June at $42.40. Since then, the price has been running along an ascending trendline. The trend of things is predicted to continue as QNTUSD reaches a higher level.

Quant Price Forecast: QNT/USD Outlook

On the 14th of June, the Quant market dropped to the $42.40 key level, but that will be the lowest it will go as the buyers change the trend of the market from that point.

Since then, the coin has been bouncing upward along an ascending trendline, making consecutive higher highs and higher lows. The present situation in the market sees the market form a higher low above the trendline.

It is expected that the price will continue its agenda to reach higher levels. This is already underway as the Parabolic SAR (Stop and Reverse) dots have switched positions under the candles.

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

Also, the MACD (Moving Average Convergence Divergence) lines on the daily chart have crossed upward from a negative position. On the 4-hour chart, the lines of the MACD have climbed above the zero level. This is accompanied by growing bullish histogram bars.

Quant Price Forecast: QNTUSD remains on a bullish agenda along a trendline

As it prepares to push up, the parabolic SAR dots have accumulated significantly on the underside of the 4-hour candlesticks. This signals a bullish turn is on the cards. QNTUSD is expected to rise as high as $227.70 and break the barrier.

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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.

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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.