Quant Price Forecast: September 11
Today, the QNTUSD pair suggests a good buy for the coin traders as it keeps rising towards the overhead resistance. The coin price has witnessed a notable spike in value in the last 24 hours. If the coin price could sustain above the pattern supply trend line at $148.78, the coin price may trigger up to the overhead resistance mark at the $150.00 level, signaling a good buy for the coin investors.
Key Levels:
Resistance Levels: $72.00, $73.00, $74.00
Support Levels: $54.00, $53.00, $52.00
QNTUSD Long-term Trend: Bullish (Daily chart)
On higher time frames, QNTUSD price suggests a good buy as the crypto keeps trending and remains bullish. Prices are trading above the EMA-50, suggesting bullish momentum and a good buy, due to the significant impact of buy investors.
The bulls’ high order flow at the $69.48 level during the last session has contributed to its bullishness and suggests a good buy in its recent high.
Today’s daily chart shows a broader recovery in prices. As the bulls took their stand to continue trending up, the Quant price jumped to a $71.81 supply level above the EMA-50, suggesting a good buy for the coin traders.
As a result, staying above the EMA-50 indicates a high likelihood of a bullish correction. Thus, a strong break up above the $148.78 previous resistance level would amplify the bullish pressure.
Meanwhile, the market price of QNTUSD is pointing up on the daily stochastic, indicating that the bulls may continue trending up. Hence, the expected upside move in the coin price could be high at $150.00, as the price suggests a good buy in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Price Suggests a Good Buy
Amidst the slight surge in market price, the Quant price suggests a good buy while trending towards the upper resistance and remains in a strong bullish market trend in its medium-term outlook. Furthermore, the coin is trading firmly above the 50-day moving average, indicating an uptrend.
The sustained bullish pressure to a $71.06 high level in the previous action has led to the coin price suggesting a good buy in its recent high.
As the 4-hour chart resumes today, the bulls drove the QNTUSD price to a $71.46 high level above the EMA-50, indicating a bullish trend and a good buy for the intended traders.
However, the buy traders could not relent, as they aimed to continue trending and drag the coin price further to a significant level at the upper channel.
However, the bullish correction at the mentioned resistance level is an indication that the bulls are planning to strongly move the price of QNTUSD to a high level at the upsides, and the $150.00 supply trend line might be the target also in the future as the crypto price suggests a good buy in its medium-term.
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