1-hour, 4-hour and 1-day candlestick charts are among the most popular. Traders can view candlesticks that represent the price action of Quant with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. Most traders use candlestick charts, as they provide more information than a simple line chart. How to read Quant charts and predict price movements? Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the QNT price. Conversely, a drop below an important moving average is usually a sign of weakness in the QNT market. If the QNT price moves above any of these averages, it is generally seen as a bullish sign for Quant. The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.ĥ0-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). For example, a 12-day simple moving average for QNT is a sum of QNT’s closing prices over the last 12 days which is then divided by 12. As the name suggests, a moving average provides the average closing price for QNT over a selected time frame, which is divided into a number of periods of the same length. Moving averages are among the most popular Quant price prediction tools. When trying to predict the Quant price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall. These tools can roughly be divided into indicators and chart patterns. Quant traders use a variety of tools to try and determine the direction in which the QNT market is likely to head next. Periodīased on today's classical pivot point (P1) with the value of $ 100.45, Quant has support levels of $ 99.49, $ 97.58, and the strongest at $ 96.62. Traders use the trend indicator to discover short-term overbought or oversold conditions. Weekly Exponential Moving Average (EMA) PeriodĪn oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Quant Price Forecast Based on Technical Analysis Compared to today’s price, Quant could gain 423.47% by 2030 if it reaches the upper price target. The Quant price prediction for 2030 is currently between $ 209.35 on the lower end and $ 519.20 on the high end. Compared to today’s price, Quant could gain 357.34% by 2025 if QNT reaches the upper price target. The Quant price prediction for 2025 is currently between $ 103.04 on the lower end and $ 453.60 on the high end. Using the same basis, here is the Quant price prediction for each year up until 2030. Meanwhile, the price of Quant is predicted to reach as high as $ 541.97 next year. Long-term Quant price prediction for 2024, 2025, 2026, 2027, 2028, 20īased on the historical price movements of Quant and the BTC halving cycles, the yearly low Quant price prediction for 2024 is estimated at $ 84.04. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general information purposes only. Based on our Quant forecast, it's now a bad time to buy Quant.ĭisclaimer: This is not investment advice. Quant recorded 18/30 (60%) green days with 4.61% price volatility over the last 30 days. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 69 (Greed). According to our current Quant price prediction, the price of Quant is predicted to drop by -5.23% and reach $ 94.66 by November 25, 2023.
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