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Quant Price Analysis: QNT Crypto Price Struggles To Give A Positive Breakout

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Quant Price Analysis: QNT Crypto Price Struggles To Give A Positive Breakout
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  • QNT coin price is currently on a halt after a long downtrend and can soon see a new high in the future. The asset may see a fall before jumping to a new high.
  • Technical indicators of QUANT price are not in favor of the bull and can soon see a new high. In contrast, QNT/BTC pair has seen a pump of more than 0.06%

QNT coin price downside momentum has come to a halt near $160 and can soon see a new high in the future. QUANT asset price is near the value of $181 with a downside movement of more than 1.69%. The coin price has been seeing a downside trend and can soon move to a new low in the future. The moving average of the coin is holding its fort near a crucial level. The 50 DMA of the Quant is near the value of $212 which may act as a temporary setback for the price in the future. QNT/BTC pair might also see strong momentum in price and can push to a new high. One can see a major development in the QUANT project and the price may soar to a new high.

QUANT asset price has been standing still near the crypto ranking of 64th and can soon see a new high in the future. The volume of the asset can also see a strong surge in the future. QNT volume to market cap ratio hints towards an upside trend.

QNT Crypto Bulls Are Ready To See A New High

Source: Trading news

QNT coin price weekly technical chart suggests a consolidated trend in the price for upcoming weeks. On coming to the daily chart, QUANT price is struggling to give a major breakout. The upside potential momentum of the coin might see a setback near $200.The downside momentum of the coin can see a bounceback near $150. There is a strong consolidation zone formed in the asset which is pushing the price to a new low. The asset price can also see strong momentum and can push it to a new high in the future. QNT/BTC pair might also observe similar gains in the upcoming days.

Conclusion

QNT crypto price has been on a bearish trend and can soon see a new high in the future. QNT/BTC pair might also see strong momentum in the future.

Technical Levels


Major Support:$150

Major Resistance: $220

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Rajat is an MBA graduate specialized in finance who is a motivated self-starter, highly organized, and holds a good flair for understanding financial markets. His interest in economics and finance draws his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. His primary focus is on cryptocurrency price analysis and industry news coverage.

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About this article

PublishedDecember 23, 2021 11:18 am
Last updatedJanuary 16, 2025 2:45 am
Written byRajat Arya
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

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