Quant Price Forecast: July 30
The Quant Price forecast is that the market builds on its breakout from the triangle formation. A current retracement is expected to help it violate the $117.60 resistance.
Quant Long-Term Trend: Bullish (1-Day Chart)
Key Levels:
Zones of supply: $117.60, $149.60, $167.10
Zones of Demand: $96.90, $87.60, $75.50
Quant has experienced a significant breakout following several weeks of market consolidation within a triangle pattern. The recent consolidation phase in the market was fueled by bullish attempts to achieve a reversal. While the $117.60 resistance level remains untested after the initial breakout, a retest of the $107.40 key level is expected to catalyze the coin to surpass the resistance level.
Quant Price Forecast: QNT/USD Outlook
Quant’s significant breakout has finally occurred after several weeks of consolidation within a triangle pattern. The bulls’ efforts to complete the market’s reversal led to this pivotal moment.
While the $117.60 resistance level has not been tested, a retest of the $107.40 key level is anticipated to propel the coin beyond the resistance barrier.
Notably, momentum has experienced a substantial surge, resulting in a positive value, as indicated by the Momentum indicator on the daily chart.
QNT/USD Medium-Term Trend: Bullish (4-hour chart)
Furthermore, the Moving Average (MA) Cross has moved upward and is expected to continue rising, if the price rebounds from the $107.40 key level as predicted. Upon closer observation of the 4-hour chart, the pullback to the $107.40 key level has influenced a downturn in momentum.
Nevertheless, as the price approaches this level, the MA Cross endeavours to act as a supportive level, aiding the market’s reversal. Once the reversal completes, market participants can anticipate that a violation of the $117.60 resistance level will signal further positive price movement, potentially paving the way for new milestones in the coin’s trajectory.
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.
- 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
- 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.
