Quant

Cryptocurrency

<div class="coinidol">
 <div class="info">
  <div class="news_info">
   Oct 23, 2023 at 08:26 // Price
  </div>
  <div class="author-box">
   <div class="avatar" style="background-image:url(/upload/resize_cache/iblock/42a/60_60_1/42aa5ec847dba7f5a2bce5378ae70614.png)"></div> <span>Author<br>Coin Idol </span>
  </div>
 </div> <img class="page-news__main-pic lazy-load-detail-picture" src="https://coinidol.comdata:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=" data-lazy-src="https://coinidol.com/upload/resize_cache/iblock/5be/900_900_1/4s33qoxxtkhh9fept0hw8pkb03v49g22.jpg" width="900" height="563" alt="Quant is currently trading between the moving average lines" title="">
 <p><strong>Cryptocurrency analysts of Coinidol.com report, the price of Quant (QNT) is rising from the bottom of the chart after breaking the 21-day barrier line of SMA.</strong></p>
 <h2 style="text-align: justify;" id="quant-long-term-price-forecast-bearish">Quant long term price forecast: bearish</h2>
 <p style="text-align: justify;"></p>
 <p style="text-align: justify;">The crypto asset is now trading above the 21-day simple moving average, but below the 50-day simple average. At the time of writing, the altcoin had reached a high of $89. If the bulls break the 50-day line SMA and the resistance at $94, QNT will resume its up<a rel="noopener noreferrer nofollow" title="trend" href="https://thebittimes.com/tag/trend.html">trend</a>. The altcoin will reach a high of $114. However, the price's up<a rel="noopener noreferrer nofollow" title="trend" href="https://thebittimes.com/tag/trend.html">trend</a> has been encountering resistance at $114 since May. If the altcoin finds support above the 21-day line SMA, it will resume its movement between the moving average lines. Quant is currently trading between the moving average lines.</p>
 <h2 style="text-align: justify;" id="quant-price-indicator-analysis">Quant price indicator analysis</h2>
 <p style="text-align: justify;"></p>
 <p style="text-align: justify;">QNT has broken out above the 21-day resistance line SMA. The altcoin will oscillate between the moving average lines as long as the price bars remain stuck. As the price bars are above the moving average lines in the lower time frame, the cryptocurrency is rising. The moving average lines are down even though the altcoin has regained bullish momentum.</p>
 <p style="text-align: justify;"><img width="988" alt="QNTUSD_ ( Daily Chart) – OCT.22.23.jpg" src="https://cdn.thebittimes.com/images/2023/10/23/e0af4b85d29974d166f62165a15faae9.webp" height="518" title="QNTUSD_ ( Daily Chart) – OCT.22.23.jpg"><br></p>
 <h3 style="text-align: justify;" id="technical-indicators">Technical indicators</h3>
 <p style="text-align: justify;"></p>
 <p style="text-align: justify;"><b>Key supply zones: $140, $150, $160 </b></p>
 <p style="text-align: justify;"><b> </b></p>
 <p style="text-align: justify;"><b> Key demand zones: $90, $80, $70</b></p>
 <h2 style="text-align: justify;" id="what-is-the-next-move-for-quant">What is the next move for Quant?</h2>
 <p style="text-align: justify;"></p>
 <p style="text-align: justify;">QNT/USD is in a positive <a rel="noopener noreferrer nofollow" title="trend" href="https://thebittimes.com/tag/trend.html">trend</a> as it breaks above the moving average lines. It is predicted that the cryptocurrency will rise much further than its previous high. The Fibonacci tool predicts that QNT will grow to the level 2,618 Fibonacci extension or $92.66. The altcoin will return to the historical price level of October 1. However, further upward movement of the altcoin is speculative as the market is approaching the overbought zone.</p>
 <p style="text-align: justify;"><img width="988" alt="QNTUSD_ (4 Hour Chart) – OCT. 22.23.jpg" src="https://cdn.thebittimes.com/images/2023/10/23/fea807d4f9ad7366bf989f45189ef797.webp" height="518" title="QNTUSD_ (4 Hour Chart) – OCT. 22.23.jpg"><br></p>
 <p style="text-align: justify;">On October 14, 2023 cryptocurrency analytics specialists of Coinidol.com stated that selling pressure is currently easing above the $85 support. The altcoin's price has been hovering between $85 and $93 since September 26, but the 21-day line SMA has been holding back the higher price action.&nbsp;</p>
 <p style="text-align: justify;"></p>
 <p style="text-align: justify;"><i><span style="color: #a0a0a0;"><b>Disclaimer.</b> This <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> and forecast are the personal opinions of the author and are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.</span></i></p>
 <p style="text-align: justify;"></p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/quant-is-in-an-uptrend-and-targets-the-high-of-92-tbt67398.html">https://thebittimes.com/quant-is-in-an-uptrend-and-targets-the-high-of-92-tbt67398.html</a></p>

Quant Is In An Uptrend And Targets The High Of $92

Table of Contents

TheBitTimes

Other articles published on Oct 23, 2023

Nigerian Crypto Exchange Patricia Implements Debt Restructuring Using Convertible Notes – What's ...

Dogecoin Rises, But Encounters Resistance At $0.064

Blockaid Raises $33 Million to Prevent Crypto Fraud and Hacks!

Bitcoin Shatters Expectations, Rallying Beyond $30k Amid Intense ETF Speculations!

Mastercard Utilizes AI to Bolster Global Payment Resilience

Extensive data collection on crypto users proposal by IRS

Join our free newsletter for daily crypto updates!