Cryptopolitan 2021-09-22 02:26:55

Quant price analysis: QNT/USD touches $296 after bearish slide, what’s next?

TL;DR Breakdown Quant price analysis shows, price devalues again after brief interval.QNT/USD reaches the $296 mark.Support is still standing strong at $271 point. The Quant price analysis is showing that the cryptocurrency value is going down again after a brief upturn. The price is traveling downwards and has covered the $296.34 mark till now. The bulls secured a considerable amount of momentum during the span of last week, but the bears have restricted the price from going higher. The bearish momentum is building up gradually and further downfall is to be expected in the upcoming time period. QNT/USD 1-day price chart: Chances of progression appear as price takes flight to $296 The one-day Quant price analysis is giving bullish signals as the price has recovered after a downtrend today. The price has now reached the $296 value and is expected to cross it soon if the odds remain favorable. The moving average (MA) is at a higher position than the price and is standing at $348.22 for the 1-day price chart. The volatility has decreased significantly as well, which means that the future holds high chances for bullish survival. QNT/USD 1-day price chart. Source: TradingView As the volatility has decreased today, the upper Bollinger band is showing its value at $445 and the lower Bollinger band is holding at the $204.54 value. The Relative Strength Index (RSI) score has managed to remain at the neutral level and is at 50 in the 1...

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