![]() ![]() The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish financial, investment, or other advice. Support levels : $100.00 and $90.00 Disclaimer However, if prices slipped below $100, investors may witness more downside in QNT prices. ![]() ![]() So, aggressive traders might look for buy opportunities for target of $130.00 and above levels by keeping $100. As per technical analysis, prices are likely to trade with a bullish bias and the short term trend may work in the favor of bulls. Quant crypto price is stuck in the narrow range and showing signs of upside expansion but the 50 and 200 day EMA will act as a strong barrier for bulls. However, if prices slipped below $100 bears may drag the prices further down towards $90.00 and below levels. The supertrend indicator had generated a buy signal indicating short term trend may work in the favor of bulls. The volume bar seems to be higher than average indicates some genuine buyers might be building long positions and expecting the price to continue the upside movement. On a lower time frame, QNT prices look stable and bulls are trying to continue the short term upside momentum while forming higher high candles. Source : QNT/USDT 4 hour chart by Tradingview The MACD has generated positive crossover shows the confidence of bulls and the RSI above 54 denotes more room for upside is open. On a lower side $100 and $90.00 will act as a savior for bullish investors. As of now, the 50 day EMA (yellow) and the 200 day EMA (green) will act as an immediate hurdle in coming weeks followed by the next hurdle at $130.00 level. However, if prices trade below the 50 day and 200 day EMA for some more time, the bears may try to drag the prices below the $100 support level. If the overall crypto market sentiment turns positive in coming months then probably the QNT price may look for upside expansion and prices may hit $150 levels. In the mid of November QNT prices formed a bullish hammer from the support zone of $100 and gained some upside momentum but bulls failed to continue the upside and prices struck in the narrow range between $100 to $130 and likely to expand on either side soon. On a daily time frame, Quant crypto price had been quite volatile and bulls were tried multiple times to trade above $120.00 level but got rejected indicating strong sellers are active at higher levels. This drop, combined with circulation drying up, has led to a sputtering end to 2022.” Source: Santiment/Twitterīitcoin is changing hands for $16,518 at time of writing, a fractional dip during the last 24 hours.Source : QNT/USDT daily chart by Tradingview 2021 Bitcoin all-time high, shark and whale addresses holding 10 to 10,000 BTC have dumped a collective $10.75 billion. The data reveal deep-pocketed investors unloaded $10.75 billion worth of Bitcoin in over 12 months. Looking at Bitcoin ( BTC), Santiment says it suffered a “sputtering” end to the year as whales and sharks aggressively sold the king crypto asset throughout 2022. QNT is trading for $105.46 at time of writing while MANA and ENJ are valued at $0.292 and $0.241, respectively. Though their respective prices are down big, as is the rest of crypto, these are good signs for a better 2023.” Source: Santiment/Twitter “Quant, Decentraland, and Enjin are among the largest market cap assets that saw significant amounts of coins leaving exchanges in 2022. Santiment says there is a sharply diminishing supply of the three coins on crypto exchanges, which could bode well for price action this year. ![]()
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