Quant Price Forecast: QNTUSD Struggles to Rise Out of the Transition Zone

Quant Price Forecast: February 18

The Quant price forecast suggests that the coin is still making persistent efforts to break out of the $101.65 – $91.80 transition zone. A successful breakout would push the price back into a consolidation phase.

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

Supply Levels: $120.95, $101.65
Demand Levels: $91.80, $73.00
Quant is facing challenges in breaking through the transition zone between $91.80 and $101.65 due to persistent selling pressure. The bearish momentum has dominated the market since the beginning of the year, initially driving the price below this critical zone. If buyers manage to push the price beyond this range, it will return to a previous consolidation phase, giving them a better chance to gain control over the market.

Quant Price Forecast: QNT/USD Outlook

The price has successfully moved above $91.80 but continues to struggle at the $101.65 resistance level.

This upward movement has positioned the price above the middle Bollinger Band, but further momentum is needed to drive it higher.

The Elders Force Index (EFI) power line remains at equilibrium, indicating that neither bulls nor bears currently have a clear advantage in the market.

QNTUSD Medium-Term Trend: Bullish (4-Hour Chart)

The 4-hour timeframe indicates that buyers need additional strength to break through the $101.65 resistance level. The EFI power line, which initially stayed above equilibrium, has now dropped below it, reflecting weakening bullish momentum.
Meanwhile, the Bollinger Bands have tightened around the 4-hour candlesticks, with the price bouncing between the upper and lower bands. This suggests that consolidation is already taking place, even before the price re-enters the previous consolidation zone. Crypto signals indicate that traders should watch for a potential breakout, as further developments could determine the next major market move.

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