![Quant [QNT] Price Analysis: 05 April](https://i.headtopics.com/images/2023/4/6/cryptoamb/quant-qnt-price-analysis-05-april-quant-qnt-price-analysis-05-april-1643736525195051009.webp)
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice. The market structure of QNT has been bearish since February The $130 level must be reclaimed before longer-term buyers can search for opportunities As Ethereum [ETH] and Bitcoin [BTC] show bullish sentiment, it’s time to analyze the Quant (QNT/USDT) pair […]
pair and understand its potential for traders. With a market cap of $1.5 billion, Quant has been hovering around the $125 price level and presented mixed signals despite the bullish sentiment in the market.It experienced a modest 1.4% increase in the past 24 hours, and Quant faces important resistance at $130 and $160 and crucial support at $105 and $91. This technical analysis will examine various indicators in the one-day timeframe and provide insights into possible trading opportunities.
Given the current market scenario, traders should closely monitor the QNT/USDT pair for a breakout above the 21 and 55-period moving averages or a break below the crucial support levels. A break above the moving averages could present a ‘buy’ signal, while a breach of the support levels may indicate a ‘sell’ opportunity.
In the meantime, traders should remain cautious and stay updated on any fundamental news or developments surrounding Quant and the broader crypto market, as these factors can significantly impact market sentiment and price action.Subscribe to get it daily in your inbox.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Reasons SHIB’s price action could be on the fence despite much cheer around…The Shiba Inu team updated the Shibarium testnet docs with valuable information surrounding the burn mechanism. SHIB witnesses a significant surge in burn rate and active addresses but experiences intermittent gains and losses. The Shiba Inu team recently took a step forward by updating the documentation of their Shibarium testnet. The said document, packed with […]
Read more »
Filecoin’s consolidation persists- Here are the key levels to look out forDisclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion FIL’s price consolidation seemed far from over based on a key price chart indicator. Development activity and weighted sentiment fell. Filecoin [FIL] has been under price consolidation since 20 March, oscillating between $5.345 and […]
Read more »
Sudbury gas at 147.9, but we could see price spikeOntario gas price average is 146.8
Read more »
Price of rec properties forecast to fall in 2023 - constructconnect.com - Daily Commercial NewsTORONTO — The aggregate price of a single-family home in Canada's recreational regions is forecast to decrease 4.5 per cent in 2023 to $592,005, compared to 2022, according to a new report by Royal LePage. The report attributes the decline to reduced dem
Read more »
Gold price keeps daily gains, trades well above $2,000 on weaker data
Read more »
1INCH: As token unlock approaches, is a price correction in the works?1INCH’s MVRV ratio declined despite the price uptick. Metrics were bearish, but market indicators gave hope for a continued price surge. 1inch Network [1INCH] will unlock new tokens on 5 April 2023, which will increase its circulating supply. As per Token Unlock, over 287,000 1INCH tokens worth $149,585 will be unlocked, accounting for 0.019% of […]
Read more »