Quant Price Forecast: July 3
The QNTUSD price is set to grow more, suggesting another opportunity to buy the asset soon for the coin investors. The coin price is on its way to the critical supply level: therefore, if buyers should trigger their buying pressure and break up the $150.00 peak level, the coin price may stretch the correction phase to a $160.00 high level, indicating increasing confidence among investors.
Key Levels:
Resistance Levels: $100.00, $101.00, $102.00
Support Levels: $85.00, $84.00, $83.00
QNTUSD Long-term Trend: Bearish (Daily Chart)
QNTUSD pair is set to grow more as it speculates on a possible increase soon in its long-term outlook. The price responded to the shift in the market structure and is currently below the moving averages, confirming its bearish momentum.
The sustained bearish pressure on the currency pair to the $75.38 support level in the last few days has made the price remain below the supply level in its recent price level.
Meanwhile, the Quant market is set to grow more as the bulls have just resumed the rising pattern but have not yet reached their goal.
The bulls made an increase to the $79.54 resistance value below the EMA-50 shortly after the daily chart opened today. This indicates that the coin market is set to grow more, while the buy investors are dealing in the coin investment.
However, the currency pair could grow more if the buy traders managed to break up the $150.00 peak level, maintaining a further growth potential for the buy traders.
Next, the underlying sentiment suggests an uptrend continuation in the coming days, as indicated by the daily stochastic. As a result, buyers are expected to push the price of QNTUSD up to a significant level, and in this case, the target might be the $160.00 upper resistance level sooner as the coin market sets to grow more in its medium-term.
QNTUSD Medium-term Trend: Bullish (4H Chart)
The Quant market remains in a bullish trend and is set to grow more in its medium-term outlook. The Bulls are trying not to fall this time around. Further, the coin prices are traded above the EMA-50, confirming a bullish trend.
The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to grow more and maintain an uptrend in its recent price level.
The bulls corrected the $79.54 supply value above the moving averages as the 4-hourly chart resumes today, suggesting that the Quant price is set to grow more, as possible future gains are certain.
Hence, staying above the supply levels indicates a strong possibility for the coin price to grow more. Thus, a strong breakup above the $93.00 resistance point would strengthen the bullish pressure to attract more investors.
Additionally, the Quant market will grow more as shown by the price indicator pointing upwards, this indicates an uptrend and a bullish trend continuation. As a result of this, the next price target could be the $160.00 upper resistance level soon in the medium-term perspective.
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