Quant (QNT) Price Long Term Forecast: In Range
The price of Quant (QNT) has been steadily rising above the $100 level since August 4, but it is currently experiencing a horizontal trend. Here are the key points to consider:
– The price movement of Quant (QNT) is currently consolidating between the $100 and $110 levels.
– If the altcoin recovers above the current support, it has the potential to reach previous highs of $110 and $120.
– The price has remained stable above the current support at $100.
– Key supply zones for Quant (QNT) are at $140, $150, and $160.
– Key demand zones for Quant (QNT) are at $90, $80, and $70.
Quant (QNT) Price Indicator Analysis
Here are the key indicators to consider for the price of Quant (QNT):
– The Relative Strength Index (RSI) is currently stable at the 43 level.
– The 21-day and 50-day moving averages are horizontally flat, indicating a range-bound movement.
– The price is below the moving average lines, suggesting a downtrend.
– The altcoin is currently below the daily stochastic threshold of 25.
What Is the Next Move for Quant (QNT)?
As long as the price of Quant (QNT) consolidates above the $100 level, it is likely to continue ranging. The altcoin has not yet turned into a trend and is experiencing common doji candlesticks. Therefore, the horizontal trend is expected to persist.
Hot Take
According to the latest report, the rise of Quant (QNT) was halted by the $110 barrier. Although the retraced candlesticks have support above $100, the future movement of the altcoin remains uncertain. Crypto readers should closely monitor the price to determine the next potential move for Quant (QNT).
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