Quant Price Forecast: November 25
QNTUSD at the moment is trying hard not to fall by resisting the sellers, in case the bulls’ pressure breaks up the resistance level of $235.000, the coin price may increase further to a $400.000 high trend line which indeed will be a turnaround for the coin holders. Quant (QNTUSD) price will rise further.
Resistance Levels: $200.200, $200.300, $200.400
Support Levels: $100.200, $100.100, $100.000
QNTUSD Long-term Trend: Bullish (Daily chart)
Despite the interference of short-term traders in the price flow, the long-term market shows a bullish race. As can be seen from the chart, bullish momentum is accumulating on the pair right now.
The QNTUSD price is losing bearish momentum as it rises to the $114.20 resistance level above the moving averages-9 approaching the upper resistance line. This, however, will give the buy traders the motive to influence the price tendency.
Buyers must redouble their efforts to forecast a bullish increase in the market above the $227.00 high level.
More upsides are certain as indicated by the momentum indicator which is pointing up, this implies that the price of Quant might likely continue in its bullish correction pattern, and the $400.00 high level might be the target soon in its long-time perspective.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Will Increase Further
QNTUSD pair is in a bullish momentum in its medium-term view. The trend is rising and the price has not yet reached its goal.
The bulls caused a rise to the $114.39 resistance level above the moving averages as the 4-hourly chart opens today. The coin market trading above the moving averages indicates that the bulls are having the market at their disposal at the present, so the bulls are in a good position to move the price of Quant further up to the $227.00 supply value.
In a like manner, the coin is pointing upward as shown by the price indicator, this means that buyers are likely to continue the trend, so we expect the price distribution to reach a significant level 0f $400.00 in the resistance area soon in its medium-term perspective.
Place winning Quant trades with us. Get QNT here