Quant Price Forecast: March 13
The Quant price is close to the $140.00 upper resistance level and has already increased significantly in the previous actions; clearly, the bears are losing control. The crypto may likely hit the previous high at a $153.83 high value provided the current support level at $115.61 holds. Thus, a strong push from the current price at the $123.96 supply value above the supply trend levels will put the cryptocurrency more in a bullish trend and this may further extend to the $160.00 upper resistance level resulting in intraday gains for the buy traders.
Key Levels:
Resistance Levels: $121.00, $122.00, $123.00
Support Levels: $117.00, $116.00, $115.00
QNTUSD Long-term Trend: Bullish (Daily chart)
Despite the interference of sellers, Quant price is close to the upper resistance level and remains bullish in its higher time frame. Price is trading above the supply trend lines again. This however confirms the presence of more bulls’ impact on the coin.
The sustained bullish pressure to the $131.20 supply level in the past few days has made the coin price close to the upper resistance level in its recent high.
The buying crew made a pullback at the $123.96 high mark above the resistance level as the daily session resumed today. The price bars are above the moving average lines moving close to the upper resistance level; this indicates and shows the high impacts of the long traders on the cryptocurrency, thus a turnaround and more intraday gains for the coin buyers.
Additionally, the QNTUSD market may remain close to the upper resistance level as indicated by the daily signal pointing in an upward direction.
However, if the buy traders successfully keep the Quant prices above the $153.83 previous high value, the crypto price may further extend to the $160.00 upper high level in the coming days in its higher time frame.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD’s price is moving close to the upper resistance level. The coin can also be seen progressing forward above the supply trend levels in its medium-term perspective. Buyers are having the market at their disposal at the moment. The bulls’ pressure on the crypto in the past few hours has sustained its bullishness in its recent high.
Today, the long traders caused a rise to a $123.96 high level above the moving averages close to the upper resistance level as the 4-hourly chat resumes. From the look of things, it seems it will keep growing. However, a break above the $135.77 previous supply mark will put further selling pressure into hibernation.
In addition to this, the Quant price is pointing upward on the daily stochastic, indicating an upward move. This means that the coin price may continue moving close to the upper high level. We, therefore, expect a breakup of $135.77 and growth of the price to upper resistance of $160.00 value in the near days in its medium-term time frame.
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