Quant Price Forecast: December 13
The QNTUSD pair at the moment is trying hard not to fall by resisting sellers, the coin price could grow more if buyers exert more force into the price action in the market, and the $120.91 high trend line might be retested soon. Thus a clear buy signal and intraday gain for the coin buyers.
Key Levels:
Resistance Levels: $100.00, $101.00, $102.00
Support Levels: $89.00, $88.00, $87.00 
QNTUSD Long-term Trend: Bullish (Daily chart)
QNTUSD remains bullish on the higher time frames and prices could grow more as buyers are seen clustered around the market. This is clear as the prices are trading above the moving average lines indicating an uptrend.
The bulls pushed the cryptocurrency up to the $120.91 resistance value in the past few days; this has enhanced the price to stay above the supply trend line in its recent price level.
The drop in the price of Quant to the $107.44 low value as the daily chart commenced today has no serious effect on the market as the price remains in an uptrend. Thus, if the bulls could change their orientation, the coin price could grow more break above the $120.91 supply mark, and put further selling pressure into hibernation.
Additionally, the price of QNTUSD now approaches the oversold region, this implies that the selling pressure is likely going to end soon; this will bring the emergence of bulls to turn the coin prices upward.
If this is attained, the price might grow more to reach the $125.00 resistance value in the coming days in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Price Could Grow More
The market price of QNTUSD is currently trading in the bullish market zone and the price could grow more in its medium-term view. This is due to the high inflows from the buy traders.
The increase in the momentum by the bulls at the $110.56 supply value during yesterday’s session has enabled the Quant price to stay strong above the resistance lines in its recent high.
The market price of QNTUSD has just broken up the EMA-50 at the $110.72 supply level as the 4-hour chart opens today. This will give the crypto a high tendency to rise further.
Furthermore, the daily stochastic signals an uptrend, if the bulls could push harder and sustain the coin price above the $120.00 previous high, the price of QNTUSD could grow more to hit the $125.00 upper high level in the days ahead in its medium-term perspective.
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