Quant Price Forecast: November 25
The QNTUSD price is rising sharply to $140.00 due to the increasing activities of the bulls in the market. The coin having rebounded will most likely continue its bullish correction and the price could go higher and hit the mentioned resistance value. If the bulls are able to break up the $111.15 supply mark, then we can expect a good upside momentum up to the $140.00 upper high value.
Key Levels:
Resistance Levels: $100.00, $101.00, $102.00
Support Levels: $95.00, $94.00, $93.00
QNTUSD Long-term Trend: Bearish (Daily Chart)
The market price of QNTUSD is currently trading in the bearish market zone. This is due to the inflows from the sell traders. However, the price is rising sharply soon as coin buyers have just begun their rising pattern.
The sustained bearish pressure in the past few days at the $95.16 support value has made the crypto price remain below the supply trend levels in its recent low.
The coin price on the daily chart today is currently facing resistance and trading at the $99.09 correction level. Further, the rising prices reclaimed more confirmation for a bullish recovery.
Hence, an upside breakout above the $111.15 high mark with daily candle closing will offer buyers a solid foothold to push the Quant price higher.
Furthermore, QNTUSD’s price is rising sharply soon as shown by the daily signal pointing upwards. In light of this, the crypto price may likely get to a $140.00 upper resistance mark in the coming days in its long-term outlook.
QNTUSD Medium-term Trend: Bearish (4H chart)
QNTUSD’s price is also bearish. The market price which is rising sharply soon can be seen trading below the moving averages; this affirms its bearish race in its medium-term outlook. 
The bears’ pressure on the coin to a $93.33 low value in the previous action has dropped the price below the supply level in its recent low.
The start of a continuation and a breakout to the upside at the $99.08 supply level below the EMA-50 as the 4-hour chart opens today is an indication that the price of Quant is rising sharply with intraday gains. Hence, a strong push above the $112.48 previous supply level will offer strong resistance to the crypto price.
In addition to that, the momentum indicator which is pointing up indicates that the price of Quant is in an uptrend and may possibly remain in that direction to hit the $140.00 supply level and beyond soon as the price is rising sharply in the medium-term time frame.
Place winning Quant trades with us. Get QNT here
Leave a Reply