Bears Dominate Quant (QNT) Market Despite Indicators’ Forecasts
- In the past day, a bearish trend has dominated the QNT market.
- Indicators point to a potential turnaround if the bulls fight on.
- During the recession, the QNT prices range between $132.96 and $136.44.
Quant (QNT) market bearishness has increased in the previous 24 hours, with prices ranging between $132.96 and $137.33. As a byproduct of the bearishness, market participants have grown more cautious in their judgments, and traders have taken a wait-and-see strategy. At press time, the bears’ hand had reduced the QNT price to $133.37, a 2.81% drop.
This drop had contributed to the market’s general bearishness, with traders now apprehensive of investing in QNT, causing a 2.79% and 18.11% drop in market capitalization and 24-hour trading volume, respectively, to $1,610,310,082 and $22,025,409. Nonetheless, despite the bearishness in the QNT market, long-term holders have remained firm, refusing to be rocked by the volatility.
The bearish trend in QNT remains apparent as the Keltner Channel bands move linearly, with the top band at 138.014687 and the bottom bar at 131.471048. Although the negative trend is c…
The post Bears Dominate Quant (QNT) Market Despite Indicators’ Forecasts appeared first on Coin Edition.
