Quant

2024

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   Jan 06, 2024 at 10:09 // 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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 <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/513/900_900_1/x68kpxzz91tn0d3qhb1yw1oeogaj8l66.jpg" width="900" height="563" alt="" title=""> 
 <p><strong>The price of Quant (QNT) is falling after hitting the $150 resistance level twice. Price <a rel="dofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> by Coinidol.com.<br> </strong></p> 
 <h2 style="text-align: justify;" id="long-term-quant-price-prediction-ranging">Long-term Quant price prediction: ranging</h2> 
 <p style="text-align: justify;"> This will be the second rejection of the altcoin at its current high. QNT could reach its high of $230 if the current resistance is broken. The cryptocurrency value will be pushed back to its previous highs by buying after a previous decline. The current value of the coin is $120 at the time of writing. The current decline could go below the moving average lines, just like in the previous scenario. If the bears manage to break the 50-day simple moving average, the market will fall to $108. </p> 
 <h2 style="text-align: justify;" id="analysis-of-the-quant-price-indicator">Analysis of the Quant price indicator&nbsp;</h2> 
 <p style="text-align: justify;"> QNT was rejected at $150 and is currently stuck between the moving average lines. In the meantime, the moving average lines are trending higher despite the decline. Prices have a tendency to move between the moving average lines. The 4-hour chart shows a recent decline with the price bars below the moving average lines. </p> 
 <h2 style="text-align: justify;" id="technical-indicators">Technical Indicators</h2> 
 <p style="text-align: justify;"> <b>Key supply zones: $140, $150, $160</b> </p> 
 <p style="text-align: justify;"> <b>Key demand zones: $90, $80, $70</b> </p> 
 <p style="text-align: justify;"> <b><img width="1024" alt="QNTUSD_ ( Daily Chart) – Jan .06.jpg" src="https://cdn.thebittimes.com/images/2024/01/06/f72bacb30ef73e6f451cfa648a6c6ef3.webp" height="551" title="QNTUSD_ ( Daily Chart) – Jan .06, 2024"><br> </b> </p> 
 <h2 style="text-align: justify;" id="what-is-the-next-development-for-quant">What is the next development for Quant?</h2> 
 <p style="text-align: justify;"> After rejecting the recent high, Quant is now in a downtrend. The current downtrend is slowing down as it is moving between the moving average lines. If the downtrend is stopped above the 50-day SMA, the uptrend will begin. However, if the 50-day SMA support is broken, QNT will fall much further. </p> 
 <p style="text-align: justify;"> <img width="1024" alt="QNTUSD_ ( 4-hour Chart) – Jan.06.jpg" src="https://cdn.thebittimes.com/images/2024/01/06/7c2dcd3aacfffdb16edaf86a649699c1.webp" height="491" title="QNTUSD_ ( 4-hour Chart) – Jan.06, 2024"><br> </p> 
 <p style="text-align: justify;"> On December 26, the altcoin reached a high of $153 before falling back again as Coinidol.com reported before. </p> 
 <p style="text-align: justify;"> <i><span style="color: #959595;">Disclaimer. This <a rel="dofollow" 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 the research before investing in funds.</span></i> </p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/quant-pauses-over-115-but-tends-to-move-in-a-range-tbt75787.html">https://thebittimes.com/quant-pauses-over-115-but-tends-to-move-in-a-range-tbt75787.html</a></p>

Quant Pauses Over $115, But Tends To Move In A Range

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