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In this article, we share a recent analysis of quantization (QNT) previously shared in our senior group. Are you not a member or still have questions after reading this article? Then try our premium membership for free for 30 days.
Technical Analysis QNT Price
Last night saw a notable shift in the cryptocurrency market. After an initial heavy loss, we are now seeing an increase of about 10% in the entire market (including QNT). Still, analysts at Crypto Insiders expect a sharp drop. Here’s what they had to say about it:
“The price of QNT continues to fall and make new lows. It’s not a huge drop yet, but the downtrend is clear. We’re in the downside C wave of the ABC-Elliott wave pattern here. This pattern suggests that there is still significant market volatility ahead .”
Keep in mind that this analysis is a week old, predating last week’s crash. In retrospect, the analysts were right that quant trading would plummet. Once the decline continues, analysts may be able to identify a new buying area. New analytics for QNT will be available soon in the advanced environment.
The analysis was shared with members on March 6. In our Premium environment, analytics are typically shared 48 hours in advance, so they may be slightly out of date.
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Disclaimer: Investing involves risk. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips presented on this site are based on our analysts’ own insights and experience. Therefore, these are for educational purposes only.
Source of information: Compiled from CRYPTO-INSIDERS by 0x Information.The copyright belongs to the author Wessel Kersting, and shall not be reproduced without permission