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Quant Price Analysis: QNT Coin Took Support May Bounceback Upto $365

  • The Quant coin price is in an uptrend, around 2.4%, during the intraday trading session.
  • The 24-hour trading volume is at $165 million.
  • QNT/BTC pair is trading positive by 3.1% at 0.00698631 BTC.

Daily technical chart and price trend of Quant coin are showing a bearish trend. Based on the pivot level, the first support zone is 215 USDT. From another perspective, if it rushes, the resistance level to watch is 365 USDT. Thus, the graph made a bullish inside candle pattern during the day, and the cost is relied upon to remain upside with unwavering medium force.

The Moving Average Exponential (EMA) Ribbon, comprising of different Ema’s, goes about as solid support in the coin price move. Investors might notice the cost slips below the green ribbon and is now fighting to break above, so it will guarantee an upswing in Quant until it’s above the ribbon.

Trading volume (3.376 M) is underneath the 20-day moving average (16.229 M). To put it plainly, the volume is low, making the cost remain at the support levels. Investors can likewise check that the volume bars on the graph are slanting, which demonstrates that exceptional instability is normal in the following trading days.

The Stochastic RSI (Oversold) with a value of K-3.80 D-2.40 presents a buy signal in the coin. Investors may observe a declining slant and a positive crossover in the index. It may pullback from negative territory for future trading sessions.

Buy on Dip Opportunity Quant Coin Oscillators Are Oversold

The Quant price today is $293.83 with a 24-hour trading volume of $ 165,073,353. The price of QNT has risen 2.4% in the last 24 hours. It has a circulating quantity of 13 million QNT coins and a total quantity of 14.6 million. The Stochastic RSI points to a buying indication, and the traders have prompted low volume. In fact, the cost is around the support regions and may give a bounceback. In like manner, with the general market perspective, the pattern stays bullish for coming trading days.

Resistance Level: $365

Support Level: $215

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Nikhil Ingole: Mr, Nikhil Ingole is a Chief Editor at The Market periodical with over five years of technical analysis & trading experience in Forex and Crypto. As a commerce graduate, he has taken a keen interest in blockchain's future potentials in the financial industry. A keen cryptocurrency enthusiast, he is very supportive of new media projects, pioneer ideas and the Bitcoin community. He possesses strong technical, analytical skills and is well known for his financial market's informative analysis. Other than crypto, Nikhil Loves to watch his favorite football team and keep up to date with the latest Formula 1 racing.