Quant Price Prediction: QNT Price Revisits the $87 Price Level to Incite a Rebound

Updated:

Checkmark

Invest at least $250 in D2T to gain lifetime access to our VIP Signals

Checkmark

Get early access to Dash 2 Trade’s Presale. Buy the D2T token now

Checkmark

Existing community of 70,000+ traders

Checkmark

Unlocks access to the leading crypto trading analysis, signals and trading tools

Checkmark

As featured in CryptoNews.com, FXEmpire.com, FXStreet.com and more

Checkmark

World class development team backed by Quant developers and VC investors


Quant Price Forecast: November 20

The Quant price forecast is that the coin price will have to dive down to the $87 level. The move will be in the bid to generate the momentum required to break into price territory above $131.

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

Key Levels:
Zones of Supply: $86.20, $131.30, $210.20
Zones of Demand: $39.40, $43.80, 87.80

Quant Price Prediction: QNT Price Revisits the $87 Price Level to Incite a Rebound

After the Quant market, on the 9th, plunged below the $130 mark, the market has been forced into consolidation. The pressure from sellers had attempted to hold the price at this level, except on the 15th and 16th, when the market for two days straight went on a bullish run.

Quant Price Forecast: QNT/USD Outlook

However, due to the failed attempt at reaching $130 then, the market has smartly moved to revisit the $87 level that had initiated the rally initially.

Selling at the current price range has become stale as the market has become stuck within a short range. The Stochastic Oscillator lines indicate that the market has been oversold at the current level. The coin bulls will need to receive activities soon, and this is expected to create incentives for a new bullish phase.

The MACD (moving average convergence and divergence) also indicates that the cryptocurrency is oversold. This current price level is no longer attractive to investors. More buyers and holders are expected to step in at the enticing discount price level, as this is anticipated to return QNTUSD to its bullish ways.

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

As the crypto asset, Quant was heavily sold earlier, the Relative Strength Index on this chart indicates that a reversal is imminent. However, the bullish reversal will start when the price reaches the $87 level again.

Quant Price Prediction: QNT Price Revisits the $87 Price Level to Incite a Rebound

The Quant market is likely to show a rise in price because of the prior heavy selling and the accompanying decline in the price of the coin. The next target for bulls will then be to break into the $130 range.

Place winning Quant trades with us. Get QNT here

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
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • 14 Cryptoassets available to invest in
  • FCA & Cysec regulated
$200 Min Deposit
9.8

Highly volatile unregulated investment products. No EU investor protection.

  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$100 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 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.