Quant Price Forecast: March 27
QNTUSD pair is rising at the moment. The coin price is at a possible buy opportunity while trending up and may reach the $160.00 supply level soon. The token will most likely continue its bullish run and the price could still go higher if the price can further break up the $153.83 level, then we can expect a good upside momentum up to $160.00 supply value.
Key Levels:
Resistance Levels: $142.00, $143.00, $144.00
Support Levels: $100.00,$99.00, $98.00
QNTUSD Long-term Trend: Bullish (Daily chart)
On higher time frames, the QNTUSD price is at a possible buy opportunity and also remains bullish. This is obvious because prices are trading up towards the upper resistance area above the EMA-50. This is due to the significant impact of buy investors.
The bulls’ high order flow to the $140.29 supply level during yesterday’s session has contributed to this bullishness in recent times.
Just like usual the Quant’s price is going up as we can see from the daily chart. Buyers made a strong push up from the $140.19 high mark to the $144.29 supply value above the EMA; this confirms a strong bullish breakout and a possible buy opportunity for coin buyers.
Further, continuation to the upsides is likely as the price indicator projects an upward move.
This implies that the bullish trend and the buying opportunity will most probably continue and the pattern might hit the $160.00 resistance trend line soon as well as a potential buy opportunity signal in its long-term view.
QNTUSD Medium-term Trend: Bullish (4H chart)
The currency pair is also at a possible buy opportunity in its medium-term perspective. The coin price is undeniably seen trading above the moving averages. So, let’s sit back and watch the bulls take us higher.
The market price of QNTUSD which increases to a $144.11 high level above the supply levels as the 4-hourly chart opens today suggests an improved bullish market sentiment. Thus, closing the 4-hourly session above the $150.00 previous highest level will put the coin market at the best possible buy opportunity.
Meanwhile, buyers are seen clustered around the market as indicated by the momentum indicator pointing upwards, which means that buyers will still be in control of the Quant price and this bullish rally could lead the price to the $160.00 resistance level soon in its medium-term view.
Place winning Quant trades with us. Get QNT here
Leave a Reply