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: March 31
The Quant price forecast is for the bulls to prevent a drop below $117.60 and keep guiding the market in an upward direction.
Quant Long-Term Trend: Bullish (1-day Chart)
Key Levels:
Zones of supply: $131.00, $142.10, $153.50
Zones of Demand: $96.90, $107.40, $117.60
The Quant market has been unable to pull clear of the $142.10 critical level again. The price movement has generally been in a back-and-forth motion, as buyers appear to get the upper hand at one time and sellers at another. Currently, the bulls are dominating the coin. They have, however, failed to drive the market above $142.10 on March 13 as a new month kicks off. The price plunges to around $117.60.
Quant Price Forecast: QNT/USD Outlook
The Quant market is currently grappling with the challenge of surpassing the critical resistance level of $142.10.
Price movement has exhibited a recurrent oscillation pattern, with buyers occasionally gaining momentum, followed by periods dominated by sellers.
Despite the prevailing bullish sentiment, the market failed to breach the $142.10 level on March 13 and March 26, leading to a subsequent price drop to around $117.60 as a new month begins.
QNT/USD Medium-Term Trend: Bullish (4-hour chart)
Despite the price drop, Quant remains on an upward trajectory, evident from the Bollinger Band guiding the market upwards. To sustain this bullish momentum, the price must rebound from the key support level of $117.60, avoiding a breach. The Relative Strength Index (RSI) line has marginally dipped below the 50 mark, but an anticipated upward recovery is expected as the bulls aim to avert further decline.
On the 4-hour chart, the rejection at the $142.10 resistance level holds significant implications. The candlesticks have descended below the middle line of the Bollinger Band, further elongating the lower Band. Concurrently, the RSI line on this timeframe has plunged into oversold territory, following a brief hesitation around the 50 mark. Buyers are anticipated to maintain the price above $117.60, striving to reestablish the bullish momentum in the market.
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.
