Quant

2024

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   Jan 21, 2024 at 08:45 // 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/resize_cache/iblock/145/900_900_1/c0s2sojrfb5gpen0qv9hvek3ygf4hqot.jpg" width="900" height="563" alt="" title="">
 <p><strong>The price of Quant (QNT) is still in the downtrend zone. Latest Quant price <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> by Coinidol.com.</strong></p>
 <h2 style="text-align: justify;" id="long-term-forecast-for-quant-price-bearish">Long-term forecast for Quant price: bearish</h2>
 <p style="text-align: justify;">After an initial slide above the $106 support, the cryptocurrency has consolidated above $110. Since January 8, 2024, sellers have retested the $106 support three times but have failed to resume selling pressure. According to price indications, QNT will fall lower than the current support level of $106.</p>
 <p style="text-align: justify;">On the price decline on January 8, QNT corrected upwards with a candlestick body testing the 61.8% Fibonacci retracement line. This predicts that the altcoin will continue to fall until the 1.618 Fibonacci extension or $79.80. At this point, the value of the altcoin stands at $114.15.</p>
 <h2 style="text-align: justify;" id="analysis-of-the-quant-price-indicator">Analysis of the quant price indicator</h2>
 <p style="text-align: justify;">The QNT price is at risk of a further decline as the price bars are below the moving average lines. The moving average lines are sloping downwards, indicating a current decline. The cryptocurrency is trading modestly due to the doji candlesticks.</p>
 <h3 style="text-align: justify;" id="technical-indicators">Technical indicators</h3>
 <p style="text-align: justify;"><b>Important supply zones: $140, $150, $160</b></p>
 <p style="text-align: justify;"><b>Important demand zones: $90, $80, $70</b></p>
 <p style="text-align: justify;"><img width="1024" alt="QNTUSD_ ( Daily Chart) – Jan .20.jpg" src="https://cdn.thebittimes.com/images/2024/01/21/926a820b295534854006cf2e7c4a6958.webp" height="491" title="QNTUSD_ ( Daily Chart) – Jan .20, 2024"></p>
 <h2 style="text-align: justify;" id="what-is-the-next-move-for-quant-qnt">What is the next move for Quant (QNT)?</h2>
 <p style="text-align: justify;">It is predicted that the cryptocurrency value will continue to fall after rejecting the $122 high.</p>
 <p style="text-align: justify;">However, over the past week, the price of the altcoin has been hovering between $106 and $122. The price movement was halted by doji candlesticks.</p>
 <p style="text-align: justify;"><img width="1024" alt="QNTUSD_ ( 4-hour Chart) – Jan.20.jpg" src="https://cdn.thebittimes.com/images/2024/01/21/74231a8db2fdac9cf69e05b3e40f08bd.webp" height="491" title="QNTUSD price chart (4-hour Chart) – Jan.20, 2024"><br></p>
 <p style="text-align: justify;">Coinidol.com reported on January 14, that QNT was trading at $116 previously and has been moving between the moving average lines .&nbsp;&nbsp;</p>
 <p style="text-align: justify;"><i><span style="color: #959595;">Disclaimer. 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 the 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-price-risks-further-decline-at-over-110-tbt77217.html">https://thebittimes.com/quant-price-risks-further-decline-at-over-110-tbt77217.html</a></p>

Quant Price Risks Further Decline At Over $110

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