• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ForexSchoolOnline.com

Learn to Trade Forex Online

  • Compare Brokers
    • Broker Type
      • Paypal Brokers
      • Swap-Free Brokers
      • Low Spread Brokers
      • ECN / STP Brokers
      • Market Maker Brokers
      • Non Dealing Desk Brokers
      • Low Minimum Deposit Brokers
    • Country
      • Brokers for Australia
      • Brokers for South Africa
      • Brokers for the UK
      • Brokers for the US
      • Brokers for Nigeria
    • Regulation
      • FCA Regulated Brokers
      • ASIC Regulated Brokers
      • FSCA Regulated Brokers
      • CFTC Regulated Brokers
    • Platform
      • MT4 Brokers
      • MT5 Forex Brokers
    • Strategies
      • Hedging Forex Brokers
      • Scalping Forex Brokers
      • Carry Trade Forex Brokers
      • Brokers for Indicators and EA’s
  • Start Here
    • Start Trading Guide
    • Beginner Trading Lessons
  • Free Forex Course
    • Public Login
    • Register
    • Password recovery
  • Lessons
    • Strategies
    • Videos
    • MT4 Guides
    • Money Management
  • Trade Setups
  • Tools
    • Correct Free Demo Charts
    • Forex Journal Download
    • Position Size Calculator
    • FULL List of Tools
    • Forex Demo Accounts
  • Price Action Guide
  • Free Course

Quant (QNTUSD) Price at $89.00 Sets Ball Rolling Towards the $120.00 Resistance Level

Johnathon Fox
10/09/2023 | UPDATED ON: 10/09/2023

Quant Price Forecast: October 9
The QNTUSD is in an upward rally at the moment and will keep rising further. The coin price at the $89.00 price level has set the ball rolling and this might get to the $120.00 resistance level. However, this can be achieved if the current supply at $98.00 value ignites a sharp increase and closes above the $116.76 resistance, this rally may register a $120.00 high value, which may extend the crypto price to a higher value.

Key Levels:
Resistance Levels: $100.00, $101.00, $102.00
Support Levels: $90.00, $89.00, $88.00
Quant (QNTUSD) Price at $89.00 Sets Ball Rolling Towards the $120.00 Resistance Level
QNTUSD Long-term Trend: Bearish (Daily chart)
The Quant market is having a bearish posture in its long-term outlook as can be seen from the chart above. Meanwhile, it also shows the next big move in the price as the bulls set the ball rolling towards the $120.00 resistance trend level.

The drop in the coin price to $84.75 in the past few days has dropped the coin price below the resistance line in its recent price level.

The bulls are also trying and will not allow the support level to stay. The price is now on its way up to the resistance area at the $89.00 supply value below the EMA to validate the bearishness.

Such a breakthrough would provide an opportunity for buyers to regain control and potentially drive the price of QNTUSD towards the $120.00 high mark.

Notably, the current price of Quant might continue increasing as the buy traders have set the ball rolling, in light of this; the crypto price might reach the $120.00 resistance level soon in its long-term time frame.

QNTUSD Medium-term Trend: Bullish (4H chart)Quant (QNTUSD) Price at $89.00 Sets Ball Rolling Towards the $120.00 Resistance LevelQNTUSD Price Sets Ball Rolling Upwards
The QNTUSD pair showed evidence of a bullish rally and set the ball rolling toward the overhead resistance which indicates growth in bullish momentum.

The increase in momentum by the bulls to the $89.16 high value in the previous action has made the crypto sustain the upward trend in its recent high.

The current price of the pair at a $89.00 high level above the EMA as the 4-hour session opens today indicates an uptrend in the context of the strength of the market. This gives room for a more bullish impact on the market at the moment.

Thus, a sharp breakout and closure above the $92.96 neckline will invalidate any further bearish thesis, resulting in an intraday gain for buyers.

Additionally, with buyers clustering around the market as indicated by the daily price signal, the price of Quant is expected to hit the $120.00 upper resistance mark.

Place winning Quant trades with us. Get QNT here

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « AUDUSD Upside Correction Is Losing Juice
Next Post: Lucky Block Price Prediction: LBLOCKUSD Set to Retrace at $0.00000292 Price Value »

Reader Interactions

Leave a Reply Cancel reply

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

Primary Sidebar

Forex School Online

High Probability Price Action Trading

How to make, manage and take profit from trades in the markets

Start Learning (It's Free!)

Turn Your Trades into Winners!

The Price action course is the in-depth advanced training on assessing, making and managing high probability price action trades.

Sign up for Free!

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

Footer

Get Our FREE Course, Bonus Strategies & Indicators!
X
Join Us Now!

Your capital is at risk.

X

CORNERSTONE LESSONS

Forex Trading for Beginners

Price Action Trading

How to Trade Forex

Technical Analysis

Forex Charts

Forex Trading Strategies

Money Management 

Compare Brokers

Best Forex Brokers

Forex Demo Accounts

Best Forex Trading Platforms

Forex Apps

Swap Fee Accounts

MT4 Brokers

CATEGORIES

Forex Videos

Trading Lessons

Weekly Trade Ideas

Start Here Guide

ForexSchoolOnline.com helps individual traders learn how to trade the Forex market

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey

Forexschoolonline.com 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.

Copyright © Forex School Online Sitemap  - Privacy Policy - Disclaimers & Terms of Use - CONTACT US