Quant Price Forecast: September 16
The Quant market is positive today. The pair is trending up to the previous barrier at the $150.00 level, suggesting the rising demand of the coin investors. The overall market shows signs of revitalization. If the bullish momentum persists, the coin price could trend up and hit the $150.00 previous barrier, signaling a robust recovery and a good entry point for the coin traders.
Key Levels:
Resistance Levels: $90.00, $100.00, $101.00
Support Levels: $74.00, $73.00, $72.00
QNTUSD Long-term Trend: Bullish (Daily chart)
The QNTUSD price is trending up on higher time frames and remains bullish. This is obvious because prices are trading above the EMA-50, due to the significant impact of buy investors. 
The bulls’ high order flow at $77.57 in the last few days has enabled the crypto price to keep trending above the supply levels in its recent high.
Today’s daily chart shows a broader price recovery as the bulls took their stand and pulled back from the $74.28 low of yesterday to a high of $74.96 above the EMA-50 while trending up to the overhead resistance.
As a result, staying above the EMA-50 indicates a high likelihood of a bullish correction. Therefore, a strong breakup above the $124.77 resistance level would amplify the bullish pressure.
Meanwhile, the market price of Quant is pointing up on the daily stochastic, suggesting that the bulls may continue trending up, hence, the expected upside move in the coin price could be high at $150.00 value soon in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Is Trending up to the $150.00 Supply Level
The Quant price is currently trending up and remains in a bullish market in its medium-term outlook. Furthermore, the coin is trading above the 50-day moving average, indicating an uptrend.
The sustained bullish pressure to a $77.54 high level in the previous action has led to the coin’s recent high.
After completing the lows at $74.41 value, the QNTUSD price trended up to a $74.96 high mark above the moving average, as the 4-hour chart resumes today, implying a good recovery attempt to boost the market structure.
However, the buy traders could not relent, as they aim to continue trending up and drag the price further to a significant level.
Notably, the Quant market is in the oversold region, indicating that the selling pressure is not likely. Hence, the mentioned supply level is an indication that the bulls are planning to strongly move the price of QNTUSD to a high level at the upsides and the $150.00 supply trend line might be the target also in the future in the medium term.
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