Quant (QNT) Price Forecast: Whatโs Next for QNT?
The price of Quant (QNT) has seen a significant drop, reaching the bottom of the chart. Letโs delve into the long-term forecast for the price of QNT and explore what might be in store for this cryptocurrency.
Technical Analysis of Quant Price Indicators
The negative momentum for QNT has pushed the price below the moving average lines, with a retest before further declines. Key support at $100 was breached, leading to a low of $85, but bulls stepped in to push the price back above this critical level. Currently, QNT is trading above the support but below the moving average lines and facing resistance at $122.
Key Price Levels to Watch:
- Key supply zones: $140, $150, $160
- Key demand zones: $90, $80, $70
Whatโs the Next Move for Quant (QNT)?
After a recent rally, QNT is consolidating above the $100 support level. The cryptocurrency is currently ranging between $100 and $115 on the 4-hour chart. Once price regains strength and breaks out of this range, we may see the uptrend resume for QNT.
Hot Take: Conclusion
Keep an eye on the price movements and key levels for Quant (QNT) in the coming days as it navigates through this period of consolidation. The cryptocurrency market is known for its volatility, so stay informed and be prepared for potential price swings.
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