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Quant Price Analysis: QNT Crypto Price Consolidation Might See A Break To Lower Level

  • QNT crypto price is currently observing a weak bearish trend and can soon test the lower support in the future. It has seen a gain of more than 1.3% in the past 24 hours.
  • Technical indicators of QUANT hints towards a bearish trend which can push the price to a lower level. Meanwhile, the QNT/BTC pair has seen a loss of more than 1.5% in the past 24 hours.

QNT crypto market dominance along with the market cap is seeing a halt but can soon see a recovery to a new high.  The volume of the Quant is also seeing a surge which can push the price to a new high  Volume to market capitalization ratio of the Quant hints towards a strong upside. One can forecast huge gains in QNT in the future.

Why To Invest In QNT Crypto?

QNT crypto price is currently seeing a strong consolidated momentum but can soon see a major breakout in the future. Quant coin price has seen a gain of more than 1.3% in the intraday session and is trading near the value of $275. The mainnet of the network was launched in 2018 and it aims to connect blockchains and networks on a global scale without reducing the efficiency and interpolable of the network. Quant can solve the interpolable issue of the blockchain and is the first one to launch the operating system of blockchain.

Gilbert Verdian is the brain behind Quant who has more than 20 years of experience in this field. The asset has an  ROI of more than 4765% and has profited various people in the past. The price of the asset is currently seeing a consolidation but can soon revert to the uptrend. One can invest in QNT as per their needs risk capacity.

QNT Crypto Price Technical Indicators Suggests A Bearish Momentum

Source: Trading view

The weekly technical chart of Quant price suggests a consolidated momentum in the price for the future. On the daily chart, QNT price is observing a weak bearish trend. The upside momentum of Quant can face hostility near 0. In contrast, the support of the asset price can be found near $200. The 100MA  line for the coin price is near $250 making it temporary support for the price. The coin is currently seeing a strong correction and can soon see a new high in the future. If the QNT price jumps 15 to 20% above the current level then a strong upside trend can be seen. QNT/BTC pair can also see a new high in future

Conclusion

QNT coin price is currently observing a bearish momentum and can soon hit the next support. QNT/BTC pair can also see a downside momentum in future

Technical Levels

Major Support:$200

Major Resistance:$350

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Adarsh Singh: Adarsh singh is an Stock market and financial market advisor trader with background in Engineering. He specialises in Technical Analysis while possessing strong computational skills.