102
Looking at the daily chart, the sentiment is bullish for Quant, going by the monthly price movement. The price maintains above the moving averages, especially the short-term 20-day MA. On the other hand, the MACD indicator shows weakening momentum. The MACD line crossed below the signal line, an early indication of a developing bear market.
Which way Quant?
A technical outlook paints a mixed scenario for Quant token. The moving averages and monthly price movement reinforce a bullish view. On the contrary, the MACD indicator shows a declining momentum and a possible bear market.
Going by the current price action, we must wait before buying Quant. A break above $197 will confirm bullish momentum. A break below the $170 level or 20-day MA could force a decline to $152 or, potentially, to $129.
Where to buy QNT
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