Quant

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   Nov 06, 2023 at 06:30 // Price
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   <div class="avatar" style="background-image:url(/upload/resize_cache/iblock/42a/60_60_1/42aa5ec847dba7f5a2bce5378ae70614.png)"></div> <span>Author<br>Coin Idol </span>
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 </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/iblock/06c/id9cqdpfvuxi1zpfvkyww96v3lwko1jp.jpg" width="900" height="563" alt="QNT resumes its uptrend" title="">
 <p><strong>The price of Quant (QNT) has retreated and found support above the moving average lines. This is a continuation of the uptrend that was broken on October 26 at a high of $110.</strong></p>
 <h2 style="text-align: justify;" id="quant-long-term-price-forecast-bullish">Quant long term price forecast: bullish</h2>
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 <p style="text-align: justify;">The cryptocurrency is reversing its previous downtrend. The altcoin's rise has continued above the moving average lines.&nbsp;Quant&nbsp;will rise if the altcoin finds support above the moving average lines. A break of the resistance at $110 will see QNT rise to a high of $126. Conversely, the altcoin will remain in its range between $96 and $110, negating the significance of the bullish scenario. At the time of writing, QNT/USD is trading at $100.26.</p>
 <h2 style="text-align: justify;" id="quant-price-indicator-analysis">Quant price indicator analysis</h2>
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 <p style="text-align: justify;">QNT resumes its uptrend as the price retraces above the moving average lines. This indicates a further rise in the cryptocurrency. If the bears had broken below the moving average lines, the downtrend would have continued. Despite the decline, the moving average lines remain at a positive crossover. The 21-day simple moving average has held above the 50-day simple moving average.</p>
 <p style="text-align: justify;"><img width="1024" alt="QNTUSD_ ( Daily Chart) – Nov. 5.23.jpg" src="https://cdn.thebittimes.com/images/2023/11/06/11208e3344067b8871c5663381f2b411.webp" height="564" title="QNTUSD_ ( Daily Chart) – Nov. 5.23.jpg"><br></p>
 <h3 style="text-align: justify;" id="technical-indicators">Technical indicators</h3>
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 <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>
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 <p style="text-align: justify;">QNT/USD is still rallying as it pulls back above the moving average lines. Since October 26, the altcoin's price has been fluctuating between $96 and $110, indicating a potential move higher. As buyers rally, the cryptocurrency has found support above the moving average lines. If the buyers manage to hold the support level of $96, the uptrend will continue.</p>
 <p style="text-align: justify;"><img width="1024" alt="QNTUSD_ (4 Hour Chart) – Nov. 5.23.jpg" src="https://cdn.thebittimes.com/images/2023/11/06/18e35f4d0fc9064a7c31657fc29c5760.webp" height="564" title="QNTUSD_ (4 Hour Chart) – Nov. 5.23.jpg"><br></p>
 <p style="text-align: justify;">As we reported on October 28, the positive momentum continued to the high of $108 before being stopped at the $110 barrier zone. The recent high on October 26 stopped the uptrend.&nbsp; &nbsp;</p>
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 <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>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/quant-holds-above-96-as-buyers-jump-back-in-tbt69162.html">https://thebittimes.com/quant-holds-above-96-as-buyers-jump-back-in-tbt69162.html</a></p>

Quant Holds Above $96 As Buyers Jump Back In

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