Quant price prediction: continued selling ahead? QNT slips on bearish technicals
Quant (QNT) is currently trading well below its 20-day ($81.48), 50-day ($86.07), and 200-day ($100.96) moving averages, reflecting persistent selling pressure across the short-, medium-, and long-term timeframes. The asset is testing key downside levels amidst high volatility, underscoring ongoing downside momentum.
Highlights
- QNT trades at $72.11, well below its 20-day ($81.48), 50-day ($86.07), and 200-day ($100.96) moving averages, confirming persistent multi-timeframe selling pressure.
- Momentum indicators including MACD, ADX, RSI (40.95), and CCI (–124.23) all signal strong bearish momentum, with Stoch RSI at zero suggesting oversold yet continued downside risk.
- The expected 5-day range is $68.00–$76.00, and with more than 80% probability, further price decrease and sideways movement are favored unless a break above $76.00 triggers upside toward $81.73.
Oversold momentum and bearish gap reinforce extended selling
Momentum indicators continue to point sharply lower, with daily MACD and ADX both signaling a strong sell and underscoring sustained bearish momentum. RSI (40.95 D1) and CCI (–124.23 D1) both indicate oversold conditions, while Stoch RSI has reached zero, suggesting that selling is overextended though not exhausted. Bull/Bear Power is deeply negative (–1.61) and the Awesome Oscillator remains in bearish territory, confirming seller dominance. The session opened with a large gap down from $77.71 to $74.81, and the price remains near session lows within a volatile day range ($71.29 — $76.04), amplifying negative sentiment.
Sideways range expected as downside risk remains elevated
Technical signals and major weekly indicators (MA-50 W1, RSI-W1, MACD-W1) overwhelmingly favor further declines, with more than 80% probability of another price drop. The baseline scenario envisions QNT trading sideways in the $68.00 — $76.00 range as the market absorbs recent losses. A sustained break above $76.00 could lead to tests of resistance near $81.73, while a move below $68.00 may trigger continued weakness toward new multi-month lows.
Previously it was noted that daily momentum signals reflected persistent bearish momentum, with the price remaining decisively beneath key moving averages. The market remained volatile as momentum diverges across indicators, and oscillators continued to point to ongoing downside pressure.
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