Quant (QNT) Price Analysis
Key Points:
- Quant (QNT) price has declined and retested the lower price range of $95.
- The altcoin is expected to trade range-bound between $95 and $120.
- If QNT breaks above the moving average lines, it may reach $110 and continue to $120.
- The altcoin is currently in a negative trend, with price bars below the moving average lines.
- The key supply zones are $140, $150, and $160, while the key demand zones are $90, $80, and $70.
Quant Price Forecast:
The cryptocurrency price has returned to the range-bound zone. It is expected to trade between $95 and $120. However, if QNT breaks above the moving average lines, it may reach a high of $110 and continue to $120. On the other hand, if the bullish scenario becomes invalid, QNT/USD will be forced to trade range-bound above the current support.
Quant Price Indicator Analysis:
At the 44 level of the Relative Strength Index, QNT is in a negative trend. The price bars are below the moving average lines, indicating a sideways trend. The altcoin is rising above the 50 level of the daily stochastic, but the bullish momentum has stalled near the moving average lines.
Technical Indicators:
Key supply zones: $140, $150, $160
Key demand zones: $90, $80, $70
What’s Next for Quant?
QNT/USD has returned to the trading range after a recent slump. The price is rising at the moving average lines. If the cryptocurrency does not cross the moving average lines, it will continue to trade below them within the range.
Hot Take:
Quant (QNT) has experienced a decline and retested the lower price range. It is expected to trade range-bound between $95 and $120. The altcoin is currently in a negative trend, with price bars below the moving average lines. However, if QNT breaks above the moving average lines, it may reach $110 and continue to $120. The key supply zones are $140, $150, and $160, while the key demand zones are $90, $80, and $70.
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