Quant

2024

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   Jan 28, 2024 at 07:35 // 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/fb0/900_900_1/ke27upeydl7mw8h3gwu1bnxn9q1vj0c9.jpg" width="900" height="563" alt="" title="">
 <p><strong>The price of Quant (QNT) has fallen below the moving average lines but remains above the $106 support. 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;">The $106 support has been maintained since January 8, 2024. On January 23, 2024, the bears broke the current support as the cryptocurrency fell to a low of $100. Conversely, the bulls took the opportunity created by the dips to push the price above the current support level. QNT&nbsp;is now worth $108. The upside correction faces another rejection at the $111 high as the altcoin falls again.</p>
 <p style="text-align: justify;">If the bears violate the existing support and maintain the downtrend, QNT will fall to the predicted price level. In other words, the market will reach a low of $79.</p>
 <h2 style="text-align: justify;" id="analysing-the-quant-price-indicators">Analysing the Quant Price Indicators</h2>
 <p style="text-align: justify;">The QNT price bars are still below the moving average lines despite the recent upward correction. The moving average lines are trending south and the 21-day SMA is holding the resistance line of the price bars. Price activity is characterised by doji candlesticks.</p>
 <h3 style="text-align: justify;" id="technical-indicators">Technical Indicators</h3>
 <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.27.jpg" src="https://cdn.thebittimes.com/images/2024/01/28/d3c6195dbd876626ed798b3e23b93247.webp" height="551" title="QNTUSD_ (Daily Chart) – Jan.27, 2024"><br> </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;">The altcoin is still in a gloomy trend and could go lower. On the 4-hour chart, QNT is now trading above the current support of $100. The cryptocurrency is falling after being rejected at $111. If the bears break the current support of $100, the selling pressure will increase again.</p>
 <p style="text-align: justify;"><img width="1024" alt="QNTUSD_ ( 4-hour Chart) – Jan.27.jpg" src="https://cdn.thebittimes.com/images/2024/01/28/f32818ee46cf2c3a0635ba6b63c2f24f.webp" height="551" title="QNTUSD_ ( 4-hour Chart) – Jan.27, 2024"><br></p>
 <p style="text-align: justify;">Since January 8, 2024, sellers have retested the $106 support three times but have failed to resume selling pressure, as reported by Coinidol.com previously.</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-in-a-gloomy-trend-as-it-threatens-the-existing-support-at-100-tbt78013.html">https://thebittimes.com/quant-price-in-a-gloomy-trend-as-it-threatens-the-existing-support-at-100-tbt78013.html</a></p>

Quant Price In A Gloomy Trend As It Threatens The Existing Support At $100

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