Quant

Cryptocurrency

2024

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   Jan 14, 2024 at 11:48 // 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/eca/900_900_1/8gohhtwv7nk9ockei5r1awgz6fenkwnp.jpg" width="900" height="563" alt="" title="">
 <p><strong>Quant (QNT) is dropping below moving average lines despite bulls buying dips on January 8. Cryptocurrency 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-price-forecast-for-quant-bearish">Long-term price forecast for Quant: bearish</h2>
 <p style="text-align: justify;">The altcoin is currently trapped between the moving average lines due to the rally. If the bears break below the 50-day SMA, the downtrend will begin. The altcoin will fall to the lows of $108 and $96.&nbsp;</p>
 <p style="text-align: justify;">On the other hand, if the price breaks above the 21-day SMA, the upward momentum will increase. The value of cryptocurrencies will rise back to its high of $150. At the time of writing, QNT is trading at $116. QNT has been trading between the moving average lines in the meantime. If the moving average lines are broken, the altcoin will develop a trend.</p>
 <h2 style="text-align: justify;" id="quant-price-indicator-analysis">Quant Price Indicator Analysis</h2>
 <p style="text-align: justify;">The QNT price bars are between the moving average lines. Its range will change as a result. Additionally, extended candlestick tails are used to represent price activity. This indicates that there is significant buying pressure at lower prices below the moving average lines.</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> <b> </b>
 <p style="text-align: justify;"><b> Key&nbsp;demand zones: $90, $80, $70</b></p>
 <p style="text-align: justify;"><b><img width="1024" alt="QNTUSD_ ( Daily Chart) – Jan .13.jpg" src="https://cdn.thebittimes.com/images/2024/01/14/70240800ef55e5a924f457dc0bb4cd6b.webp" height="551" title="QNTUSD_ ( Daily Chart) – Jan. 13, 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 cryptocurrency-related asset is bearish and moving between the moving average lines. If the bears break the 50-day SMA, the cryptocurrency is about to fall to the bottom of the chart. QNT will fall to its previous low of $85. The altcoin, meanwhile, is still trading above the $116 support level.<br></p>
 <p style="text-align: justify;"><img width="1024" alt="QNTUSD_ ( 4-hour Chart) – Jan.13.jpg" src="https://cdn.thebittimes.com/images/2024/01/14/6b4b01af518e9ea7e9ddbc6c0fb1b5ab.webp" height="551" title="QNTUSD_ ( 4-hour Chart) – Jan.13, 2024"><br></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-is-declining-but-will-probably-reach-the-108-low-again-tbt76546.html">https://thebittimes.com/quant-is-declining-but-will-probably-reach-the-108-low-again-tbt76546.html</a></p>

Quant Is Declining But Will Probably Reach The $108 Low Again

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