Quant Price Forecast: March 25
The Quant market is optimistic today. The price shows the potential for a bullish rise as the coin buyers attempt the next upward rally. The coin is moving upward, and if all support levels hold and resistance breaks out of the $155.57 level, we can see a further change in the price to rise to as high as the $160.00 upper resistance level.
Key Levels:
Resistance Levels: $120.00, $121.00, $122.00
Support Levels: $100.00, $99.00, $98.00
QNTUSD Long-term Trend: Bullish (Daily chart)
The Quant market is bullish here. The price shows the potential for a bullish rise as the prices can be seen above the supply levels in its long-term outlook. This means that it’s in a bullish market zone at the moment.
The price of the cryptocurrency has risen above the supply trend lines as a result of the bulls’ pressure, which shows the potential for a bullish rise and brought it to a high of $124.64 level in the past few days, which has enabled the coin price to remain bullish in recent times.
After completing the lows of yesterday at a $119.21 support value, the QNTUSD price increases to a $122.29 supply value above the EMA-50 as a pullback from the bulls as the daily chart begins today.
Further, the coin price will show the potential for a bullish rise if the Quant buyers can hold and close the daily chart above the $155.57 high mark; hence a potential BUY signal will be attained.
Thus, the QNTUSD price is pointing up on the daily signal, this indicates that the price of the crypto will continue to move in an upward move, and in this case, the $160.00 supply level may be the target as the coin price shows the potential for a bullish rise in its higher time frame.
QNTUSD Medium-term Trend: Bearish (4H chart)
Quant also shows the potential for a bullish rise in its medium-term view. Further, the bulls have just resumed their rising pattern below the supply levels which means that it’s in a bearish market trend.
The bearish pressure at the $119.21 support level in the past few hours has made the coin stay below the supply trend levels in its recent price level.
Today, the QNTUSD price was able to pull back and is taking the $122.29 resistance near the EMA-50. Hence, the crypto will show more potential for a bullish rise and more upsides are possible if it breaches the moving averages.
Adding to that, the crypto pointing up in the oversold region, under the influence of this market level, the coin should rise steadily soon and break up the previous high at $147.00 level to reach the $160.00 resistance level soon as the Quant market shows the potential for a bullish rise also in the medium-term perspective.
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