Quant Price Forecast: Quant Poised for Upward Surge After Pullback

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


Quant Price Forecast: June 6

The Quant price forecast is for the market to persist in its upward movement after a slight pullback.

Quant Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Zones of supply: $117.60, $149.60, $167.10
Zones of Demand: $107.40, $96.90, $87.60

Quant Price Forecast: Quant Poised for Upward Surge After Pullback

Quant market bearishness ended abruptly after it hit the $96.90 demand zone. The price has popped out of the descending channel, which has thus far led the price downward. The coin rose immediately to $117.60 before having a pullback. The market is expected to resume its newly found bullish vigor.

Quant Price Forecast: QNT/USD Outlook

Bulls’ exhaustion at the $150.00 price level led to a drop to the $96.90 support zone. This is now showing a semblance of a ranging market.

The bulls have revived at the $96.90 demand zone, and the market has popped out of the descending channel conducting the market downward.

Quant is not set to rise to the resistance level around $149.60 but has pulled back a little at $117.60. The MA period 35 (Moving Average) remains below the trading level, reinforcing the $107.40 level to keep the market afloat.

QNT/USD Medium-Term Trend: Bullish (4-hour chart)

The RSI (Relative Strength Index) line has stopped short of entering the overbought region and pulled back towards the middle line in response to the retracement of the market. The midline is a good point to bounce back upward.

Quant Price Forecast: Quant Poised for Upward Surge After Pullback

Nevertheless, on the 4-hour chart, the price has traded slightly below the MA period 35. This is also reflected in the 4-hour timeframe RSI, whose line has now plunged towards the oversold border. Nevertheless, the market remains on an upward trajectory, and the coin is expected to bounce off the $107.40 key level to continue its journey toward $149.60.

Place winning Quant trades with usGet QNT here

NoteLearn2.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
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *