Quant Price Forecast: QNTUSD Sellers Push Price Down to $72.580 Support Level

Quant Price Forecast: July 22nd

The Quant price forecast for the crypto market has entered a bearish phase, with sellers pressing the price down to the $72.580 significant support level.

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

Support Levels: $72.580, $63.730
Resistance Levels: $90.630, $81.620
The Quant price has been trading negatively since July 15, after losing momentum around the $81.620 significant zone. The buyers had been experiencing a bullish swing before this bearish turn. Despite a recent bullish revival, the Quant price has continued to decline.

Quant Price Forecast: QNTUSD Outlook

The start of this month has been bearish for the QNTUSD coin, with sellers losing confidence around the $63.730 price area. However, buyers have strengthened in recent weeks, following a retest around the $72.580 key level.

They continued to push forward until they were held back by the $81.620 market zone. Currently, the QNTUSD price is in a slump as sellers pull the price down to the $72.580 significant level.

If buyers can regain consistency, they may push the price back up from the $72.580 key level. The Parabolic SAR (Stop and Reverse) indicator signals a potential upward movement, while the Moving Average crossing indicator remains in the mid-range area.

QNTUSD Medium Term Trend: Bearish (4-hour Chart)

However, the bears still appear to be gaining strength, and a strong bullish atmosphere is needed for expansion. The Parabolic SAR and Moving Average crossing indicators are currently signaling a short-term sell sentiment.
Buyers can only gain strength if the bears weaken after trading to the $72.580 key level. A stronger force is required to shift market sentiment. Traders should watch for crypto signals to gauge the next market move.

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