Quant Price Forecast: April 4
QNTUSD‘s price maintains a bullish momentum at the moment while trying hard not to fall by resisting sellers. We could likely see a further shift in the trend to the upside if all the support holds in place and resistance broke out of the $227.00 level. The coin price may increase further to a $400.00 high trend line which indeed will be a turnaround for the coin holders.
Key Levels:
Resistance Levels: $200.20, $200.30, $200.40
Support Levels: $112.20, $112.10, $112.00
QNTUSD Long-term Trend: Bullish (Daily chart)
The QNTUSD pair indicates an upward trend with a bullish sentiment in its long-term perspective. As can be seen from the chart, bullish momentum is accumulating on the pair right now.
The sustained bullish pressure at the $126.00 level during yesterday’s session made it capable for the buy investors to retain the upward strength in its recent high.
The market value spikes up to the $126.53 high level above the EMA-9 with its wick touching the EMA-9 as the daily session begins today; this however indicates an uptrend in the momentum of the price of the Yen. A strong break above the $227.00 resistance point would strengthen the bullish pressure.
Meanwhile, the Quant price is pointing upwards on the daily stochastic, this will compel the bulls to continue with the trend, this trend may increase the coin price to the $400.00 high value soon in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Price Remains Bullish
The momentum on the medium-term time frame is also distinctly bullish. Nevertheless, it seems the bulls will take over the price of Quant soon and push us higher as the market now remains strong above the supply trend lines.
The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to maintain an uptrend in recent times.
The market was propelled higher by the bulls until it reached a new high of $126.53 resistance value above the two moving averages as the 4-hourly chart opens today. An additional effort by the bulls could further break up the $134.86 previous high resulting in a big turnaround for the coin holders.
Hence, we can certainly expect more actions from the bulls as the price indicator is pointing upwards, this means that buyers are still within the market and more upsides are still possible, in light of this the bulls might push the QNTUSD price to the $400.00 upper resistance value in the days ahead in the medium-term outlook.
Place winning Quant trades with us. Get QNT here
Leave a Reply