Quant Price Forecast: June 12
The QNTUSD price is likely to grow more, as the coin market buyers are making new corrections. The price challenged many resistance zones near $91.36, and we predict a rapid surge to occur soon. If sell traders ease market tensions, the coin may rise to the $140.00 supply level amid renewed purchasing impetus.
Key Levels:
Resistance Levels: $90.00, $91.00, $92.00
Support Levels: $84.00, $83.00, $82.00
QNTUSD Long-term Trend: Bearish (Daily chart)
The QNTUSD pair is poised to grow more after losing ground in the last few days. The coin portrays a bearish market trend in its long-term outlook. The price responded to the shift in the market structure and is currently trading below the supply trend levels. 
The price drop to the $83.12 low value in the last few days has made the coin price trade below the supply levels in its recent low. This will soon be invalidated as the coin market is set to grow more with buyers clustering around the market to push the crypto market forward.
The bull race caused a rise in the price of Quant from the $89.76 level to a $92.42 high value below the moving averages as the daily chart opens today. This suggests that the price will grow more and also creates a strong area of interest for the buy investors.
Thus, a successful breakout by the bulls above the $150.00 resistance level will add more positive sentiment to the market, resulting in an intraday gain.
Additionally, the daily stochastic indicates an upswing. This suggests that the Quant price
will grow more and signals a bullish continuation upward, allowing bulls to extend the present rally and potentially reach the $140.00 resistance trend line or higher in the long-range forecast.
QNTUSD Medium-term Trend: Bullish (4H Chart)
The Quant price can grow above the current level in its medium-term time frame. The price is in an upward move and has broken up the EMA-50.
The initial increase in price by the bulls to a $90.06 high value during the previous action has made the price of Quant grow more in its recent high.
Today, the coin price has reached a high of $92.41 value above the supply levels shortly after the 4-hourly session opens. Hence, maintaining above the moving average will allow the coin to grow more, resulting in an intraday gain for the coin buyers.
Thus, closing the 4-hourly session above the $101.77 resistance point will put the trade more on the buy side and invalidate any further bearish moves.
Also, the market is currently trending upward as shown by the daily stochastic. This indicates that the market value of the QNTUSD will continue to grow. In light of this, it is anticipated that the bulls will swing the coin price upward and may eventually hit the $140.00 supply value in the next days in its medium-term perspective
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