Quant Price Forecast: QNTUSD Turns Bearish, Trades Down to $70.000 Key Level

Quant Price Forecast – September 16th

The Quant price forecast indicates a bearish turn, with QNTUSD trading down to the $70.000 significant level after encountering strong resistance at $78.220.

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

Support Levels: $55.900, $60.000
Resistance Levels: $90.000, $78.000
QNTUSD crypto has experienced a bearish shift, as the sellers have gained more traction following the resistance at the $78.220 market level. The bullish momentum that began after sellers were held off at $55.900 allowed buyers to regain strength earlier this month. However, this upward movement has since lost steam.

Quant Price Forecast: QNTUSD Outlook

The bullish liquidity flow was strong as buyers pushed the price close to the $80.000 level. However, the bullish push has recently weakened, leading to a pullback in price.

At this point, the $70.000 level becomes crucial, as it could either break under further bearish pressure or serve as a point for a rebound. The $78.220 level has proven to be a key resistance zone for buyers, while the $55.900 level previously acted as solid support.

The Parabolic SAR still suggests a bullish bias, despite the recent decline, but the RSI shows waning buying strength, which has given sellers an opportunity to push prices lower.

Quant Medium Term Trend: Bearish (4-hour chart)

In the short-term time frame, the bearish momentum remains strong. With buyers still unable to mount a significant comeback, the selling pressure may continue to push the price lower. The RSI indicates growing bearish sentiment, while the Parabolic SAR has shifted, reflecting the strengthening bearish trend.
If the bears manage to break through the $70.000 level, QNTUSD may see further downside. However, there is also potential for a rebound if this level holds, and traders relying on crypto signals will be monitoring closely for any significant changes.

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