Quant Price Forecast: April 29
The QNTUSD price is contemplating a rise again as prices remain largely below the supply levels at the moment. It could be seen that the coin price has started to advance in an upward direction. Buyers are set to push the coin forward, if the buying pressure persists, the price action may swing up to hit the $153.78 high level to further extend to a $160.00 upper high value, resulting in intraday gains for the buy traders.
Key Levels:
Resistance Levels: $105.00, $106.00, $107.00
Support Levels: $90.00, $89.00, $88.00
QNTUSD Long-term Trend: Bearish (Daily chart)
Quant is contemplating a rise at this point in its long-term outlook. The price bae can be seen below the moving average rising steadily towards the supply level which indicates its bearishness.
The high order flow from the bears at a $102.21 low value during yesterday’s trading session has made the price action drop below the trend levels lately. However, the crypto is contemplating a rise as we can see a new corrective move towards the resistance levels.
The price responded to the shift in the market structure and made a pullback to the $106.32 resistance level which is currently below the moving averages as the daily chart opens today. Further increase in the buying pressure will invalidate any further bearish thesis.
Adding to that, the daily signal also shows that the QNTUSD price is contemplating a rise as the price action now approaches the oversold region. It means the price of Quant may rise soon and this could lead the coin price to the $160.00 upper high level in the days ahead in its long-term perspective.
QNTUSD Medium-term Trend: Bearish (4H Chart)
On the medium-term view, the QNTUSD pair is contemplating a rise. The coin is on a bearish streak with a bearish posture. 
The sustained bearish trend to the $102.36 support value in the previous action has made the crypto’s price remain in a lower position lately.
The price drop to a $105.10 support level below the moving average line as the 4-hourly chart resumes today, is a result of low bullish momentum.
Meanwhile, the crypto is contemplating a rise soon, if the bulls could add more aggression to their buying forces and wrestle trend control with the bears at the mentioned support. The price of Quant may turn upside down to hit the $126.00 high level.
Hence, the coin price might finish the downward correction and start reversing sooner as the market now approaches the oversold region. If this is achieved, the recovery rally may reach the $160.00 upper high value in the coming days in its medium-term perspective.
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