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
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.
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