Quant Price Forecast: July 24
QNTUSD price is set for an increase to the upside after updating the lows. Thus, if all the support levels hold and the bulls step up their aggressive activity, the coin price may increase to the $150.00 high level, which might extend to a $160.00 upper resistance level, suggesting a strong buying interest from the investors.
Key Levels:
Resistance Levels: $90.00, $100.00, $110.00
Support Levels: $55.00, $50.00, $45.00
QNTUSD Long-term Trend: Bearish (Daily chart)
The Quant price is set for an increase after the downward moves are completed. The coin is rising, below the moving average, indicating a bearish trend in its long-term chart. However, there is about to be a turnaround for the QNTUSD buy traders as it begins its increase.
The bear’s pressure at the $73.37 support value during yesterday’s session has contributed to its bearishness in its recent high.
Today, the Quant price is set for an increase as the bulls turned up the crypto price to a $75.74 high level below the EMA-50 as the daily chart resumes today to begin its next uptrend. The current price level shows an intraday gain.
Thus, if the crypto’s price could sustain above the resistance line, the potential rally could surge to hit the $150.00 previous high level and beyond, indicating high buying pressure from the bulls.
The stochastic is also showing the QNTUSD market might continue to increase by pointing upwards. It means that the coin price might expand further and reach the $160.00 supply level in the coming day as the coin sets for an increase in its long-term outlook.
QNTUSD Medium-term Trend: Bearish (4H chart)
The market price of QNTUSD is set for an increase as it faces resistance levels in its medium-term outlook. The coin price is below the EMA-50, suggesting a bearish momentum.
The sell traders made a downward move to the $73.37 support level before the end of yesterday’s session, enabling sellers to drop the crypto price below the supply levels in its recent high.
The Quant pair has completed its bearish correction and is now set for an increase. The buy traders pushed the market price of Quant up to the $75.74 resistance value slightly below the EMA-50 shortly after the 4-hourly chart opens today. Hence, a break above the $82.04 high value would intensify the buying pressure on the crypto.
Further, the market price of QNTUSD is pointing up on the daily stochastic, which means that the momentum in the coin price will likely remain and continue in an upward move. Thus, the next jump by the bulls could reach a $160.00 upper resistance level soon in its medium-term time frame.
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