Quant Price Forecast: February 21
The Quant (QNTUSD) pair is on the verge of breaking up the $153.83 level soon following the increase in buying pressure on the asset. The coin is making its way to the top of the channel. Therefore, if buyers can put more effort into their tension in the market, a shift in the trend upward will be achieved and this may trigger the crypto price to hit the $160.00 upper resistance level, creating the best crypto signal and a buying opportunity for the interested traders.
Key Levels:
Resistance Levels: $111.00, $112.00, $113.00
Support Levels: $105.00, $104.00, $103.00 
QNTUSD Long-term Trend: Bullish (Daily chart)
The long-term traders of Quant on the higher time frame are contemplating of breaking up the $153.83 level soon to keep the recovery sentiment stable. The coin is still in an uptrend despite the inflows from the sell traders. The price bar can be seen slightly above the EMA-50. Thus, the bulls are capable of pushing higher from this trend line.
The bulls were able to push the coin to the $110.28 resistance area in the previous action and sustained it by resisting the sell traders in its recent high.
Despite the interactions from the short traders, the bulls caused a rise to a $113.07 high level above the moving average as the daily chart opens today.
The QNTUSD price is fetching some fresh buying interest as sellers seemed exhausted which might lead to the breaking up of the $153.83 previous high point, captivating the attention of more buyers on the crypto.
Additionally, there is a possibility of the coin price breaking up the $153.83 previous swing high as indicated by the daily signal which is pointing upwards. In light of this, the QNTUSD price could reach the $160.00 supply mark in the coming days in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)
The Quant price is also contemplating breaking up the $153.83 supply mark as soon as we can see the prices trending up above the supply levels in its medium-term view.
The crypto price is currently trading at the resistance close to the overhead resistance. So it seems likely that the bulls are about to break up the previous high to dominate the coin market.
The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to maintain an uptrend in recent times.
Despite the interruptions from the short traders at a $109.76 low level, buyers successfully pushed the market price of Quant above the moving average lines at the $111.69 supply level as the 4-hourly chart opens today.
Hence, we have a bullish bias that the coin price will rise further leading to the breaking up of the $115.00 supply mark to invalidate any bearish thesis.
Currently, the QNTUSD price is correcting as indicated by the daily stochastic, therefore there may be a potential rise in the coin price and this could lead to the breaking up of the previous high at the $153.83 supply level which might further extend the coin price to the $160.00 high trend line in the coming days in its medium-term outlook.
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