Quant Price Prediction: QNTUSD Price Forms a Bullish Pattern and Should Surge Soon

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Quant Price Forecast: November 28

The Quant price forecast expects the coin price to soar higher soon. Considering that the market has already begun to create an ascending triangle pattern.

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: QNTUSD Price Forms a Bullish Pattern and Should Surge Soon

The upward direction of QNTUSD continues. The price is about to soar higher from the current point, however. The price has been consolidated for a while, but it is presently evolving. A bullish triangle is already taking shape on the market. The structure is anticipated to raise the price above several impending constraints.

Quant Price Forecast: QNT/USD Outlook

The Moving Average indicator shows that the market is in the process of reversing as the lines have returned below the daily candlesticks. The $42.40 price on June 18th served as the pivot point. The coin has been rising since that time.

A minor setback, however, came on October 18, after the price skyrocketed. At $227.70, the market could not drive prices higher, which caused a fall back to $88.70. Nevertheless, the higher low that was formed due to this resulted in a bullish reversal.

The market’s most recent action has been to confirm a bullish triangle by driving the price past the barriers. Below the candles, the Parabolic SAR (Stop and Reverse) dots are aligned, indicating a bullish reversal.

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

On the daily chart, the RSI (Relative Strength Index) lines have moved from the oversold boundary and are moving toward the indicator’s midline. The RSI lines are, however, indicating a bullish reversal on the 4-hour chart, as the lines have just crossed the signal line. This demonstrates the progress due to the upward push of the QNTUSD buyers.

Quant Price Prediction: QNTUSD Price Forms a Bullish Pattern and Should Surge Soon

Considering the lengthy rows of parabolic SAR dots below the candles, it is anticipated that the price will be propelled towards a higher level around $428.00. The coin will surge past the $227.70 resistance level thanks to the momentum created.

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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.

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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.