Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Quant Price Forecast: February 11
The Quant price forecast is for the market to eventually drop to the $96.90 support level unless the bulls demonstrate much grit to push the price above $107.40.
Quant Long-Term Trend: Bullish (1-day Chart)
Key Levels:
Zones of supply: $107.40, $117.60
Zones of Demand: $87.60, $96.90,
The Quant market is struggling to stay afloat and prevent any further drops. Since the price hit the $153.50 resistance level late last December, the coin has been spiraling downward. However, the rate at which the market plunges has been reducing with the continuous price drop. Now that the market has dropped below the $107.40 significant level, the bears are finally showing more resistance to prevent a touchdown at $96.90.
Quant Price Forecast: QNT/USD Outlook
The Quant market is grappling to stay afloat and stem further declines.
The coin has been experiencing a downward spiral since reaching the $153.50 resistance level late last December. While the descent has continued, the pace of the market plunge has gradually diminished.
Now, having descended below the crucial $107.40 level, the bulls are exhibiting increased resistance to prevent a touchdown at $96.90.
QNT/USD Medium-Term Trend: Bullish (4-hour chart)
On the daily timeframe, the market contends to ascend above the MA period 20 (Moving Average) and confronts the $107.40 resistance level. The EFI (Elders Force Index) indicator strives to surpass the equilibrium line, coming close but remaining unable to breach it.
Examining the 4-hour timeframe, the price hovers just above the $96.90 demand level as buyers wrestle to maintain market stability. Consequently, the MA period 20 slices through the candlesticks. Similarly, the EFI indicator’s line clings to the zero level without a clear direction at the moment. Crypto signals highlight the ongoing struggle, emphasizing the challenges Quant faces in attempting to regain stability and resist further downward pressures.
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, presented product, or event. We are not responsible for your investment 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
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- 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.
