Quant (QNTUSD) Bulls Will Push Higher

Quant Price Forecast: November 8
QNTUSD is in a positive move and will continue in the same pattern thereby making more gains and a potential buyer for the traders. If buyers should trigger their buying pressure and break up the $235.000 previous supply mark, the coin price may prolong the correction rise to a $400.00 high level. Thus, a potential buy signal.

Key Levels:
Resistance Levels: $250.200, $250.300, $250.400
Support Levels: $161.500, $161.400, $161.300
QNTUSD Long-term Trend: Bullish (Daily chart)
Quant turns positive today. The currency pair’s orientation trades in a general bullish flow. The price bar can be seen above the EMA-50 and slightly below the EMA-9 indicating an uptrend and a more bullish impact on the coin.

The market price opens at a $161.246 supply value and further increases to the $163.510 supply level above the EMA-50, as the daily chart opens today. This affirms the high impact of the buy investors in the market.

Thus, the bullish pattern in place could drive the price of QNTUSD higher to reach the $355.00 psychological level which will be a big turnaround for buyers.

Further, more upsides are certain as the price indicator signals an uptrend. It is therefore expected that the long traders will push the coin price up and this might hit the $400.000 high mark in the nearby days in its long-term time frame.

QNTUSD Medium-term Trend: Bullish (4H chart)QNTUSD Will Rise Further
The QNTUSD is bullish on the 4-hourly chart. The bulls are seen clustering around the market to take us higher to psychological key levels.

The bulls also hindering the market price of QNTUSD from being smashed by the bears made a ride to the $167.176 supply level after which sellers now dropped the price down to the $162.010 support mark above the EMA-9. This is an opportunity for the buy traders to buy at a lower price.

Hence, the price of Quant will still go uphill as the coin price is oversold already as shown by the price indicator pointing downwards in the oversold region. . This will compel the buy traders to resume an upside move soon. The price might likely rebound at the current support level to reach a $400.000 supply point in the days ahead in its medium-term outlook.

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