Quant Price Forecast: March 30
The Quant price may likely continue its bullish momentum having finished the downward correction. The crypto might likely continue its upside move if the current support at $134.81 value holds. Further increase in the bulls’ pressure may break up at the $155.57 level and this may push the price of the cryptocurrency to the $160.00 upper high level, resulting in a good buy for the coin traders.
Key Levels:
Resistance Levels: $136.00, $137.00, $138.00
Support Levels: $120.00, $119.00, $118.00
QNTUSD Long-term Trend: Bullish (Daily chart)
The QNTUSD pair is in a bullish market zone. The coin price may continue its bullish momentum as we can see prices trading above the supply levels preparing to grow more in its higher time frame.
The bullish reversal at the $135.55 high value in the previous action has sustained the crypto and enabled the price to continue its bullish momentum in its recent high.
The coin which is trading above the moving averages at the $139.20 resistance level above the moving averages as the daily chart opens today, is an indication of a more bullish impact in the market.
Quant is trading in a “Rising Channel”, making higher highs and higher lows, showing signs of bullishness and this may continue.
Furthermore, the price might continue its bullish momentum as shown by the price indicator which is in an upward direction. If the price of QNTUSD can break above the $155.57 supply value, then we can expect the bullish momentum to hit the $160.00 upper resistance level soon in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)
On the medium-term outlook, the QNTUSD pair also remains in an uptrend. The coin is now displaying a bullish posture and the bullish momentum may continue.
The increase in the momentum by the bulls at the $134.71 supply value during yesterday’s session has enabled the Quant price to stay strong above the resistance line in recent times.
The bulls continue the bullish momentum and increase the market price of the coin up to a $138.42 high level as the 4-hourly chart opens today. This makes it possible for the coin to remain positive and continue its bullish momentum which looks good for a BUY position.
In addition, the daily stochastic indicates an upward trend, this means that the buy investors may likely continue with the bull run and the target might be the $160.00 resistance level soon in its medium-term outlook.
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