Quant Price Forecast: April 19
QNTUSD‘s price remains bullish and also looks good for the long investors at the present. The coin price will most likely continue its bullish run and the price could still go higher if the bulls are able to break up the $235.00 value, then we can expect a good upside momentum up to the $400.00 upper resistance level and beyond.
Key Levels:
Resistance Levels: $233.00, $234.00, $235.00
Support Levels: $115.00, $114.00, $113.00
QNTUSD Long-term Trend: Bullish (Daily chart)
QNTUSD pair is positive and portrays a bullish market trend in its long-term outlook. The price responded to the shift in the market structure and is currently above the moving averages.
The pressure from the bulls to the $118.57 supply value during yesterday’s session has sustained the coin price above the supply trend levels in its recent high.
Today, the buy investors made a rally upwards to a $125.95 resistance level above the two EMAs; this implies an uptrend and also shows the bullish impact on the coin. Thus, more upsides are possible as buyers are seen clustered around the market.
In addition, under the influence of this market level, the price of Quant could rise steadily soon and break up the previous high of $235.00 to reach the $400.00 resistance level in the coming days as we watch the crypto market turns strongly bullish in the long-term perspective.
QNTUSD Medium-term Trend: Bullish (4H chart)
Upward pressure still dominates the QNTUSD pair on the medium-term outlook. The coin price is now strongly trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls. 
The coin has been having a series of higher highs and higher lows from the past session which has made it possible for the bulls to retain the strength in its recent high.
The bulls made a correction at the $125.95 supply value above the moving averages as the 4-hourly chart resumes today. This will actually encourage the buy traders to invest in the crypto, as possible future gains are certain.
Thus, a possible breakout from the current retracement at the $125.95 neckline will accelerate the buying momentum and push the prices higher to hit the $235.00 previous resistance level.
Additionally, there is a possibility of a bullish breakout if the bulls should add more effort to their tension in the market as the daily stochastic signal points in an upward direction; this indicates an uptrend and a bullish trend continuation. As a result, the next target could be the $400.00 high trend mark soon in the medium-term perspective.
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