Quant Price Forecast: January 20
The QNTUSD price recovery will soar higher to reach the $450.00 high mark. The coin having rebounded will most likely continue its bullish correction and the price could go higher and hit the mentioned resistance value. If the bulls are able to break up the $27.00 supply level, then we can expect a good upside momentum up to the $450.00 upper high value.
Key Levels:
Resistance Levels: $200.20, $200.30, $200.40
Support Levels: $110.00, $109.00, $108.00
QNTUSD Long-term Trend: Bullish (Daily Chart)
The QNTUSD pair 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 average lines.
The sustained bullish pressure was able to push the coin price upside to a $147.69 high level before the end of yesterday’s session.
Today, the market price of Quant at the $144.90 supply value which is above the moving averages as the daily chart opens implies that the price is in an uptrend, and from the way it is at the moment, it will keep growing.
Hence, there is a tendency for the coin to rise further, if the support level holds, this will enable buyers to take the price up as a result of this, the crypto price might reach the $450.00 resistance value in the days ahead in its long-term perspective.
QNTUSD Medium-term Trend: Bullish (4H Chart)
QNTUSD Price May Reach the $450.00 High Level
The currency pair is experiencing a jolly bullish move in its medium-term view. The bulls made it to $147.69 during yesterday’s session and sustained it. This really made it possible for the price to rise further.
Today’s market value of Quant is at a $142.49 resistance mark as the 4-hourly session opens today which later rises to the $142.57 resistance level above the moving averages affirming the presence of more buyers in the market.
We can expect more bullish action if all the support holds in place. The price of QNTUSD might likely reach a $450.00 high level in the coming days in its medium-term outlook.
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