Quant Price Forecast: January 29
The Quant price is likely to increase more and an opportunity for the coin buyers to invest in the asset. After completing the downward correction, the cryptocurrency will likely resume its upward trajectory if the current support at $102.79 holds and the long-term chart closes above the resistance level of $144.09. There is a strong likelihood that the price will increase to its most recent swing high, which is the resistance trend line at $153.78.
Key Levels:
Resistance Levels: $109.00, $110.00, $111.00
Support Levels: $104.00, $103.00, $102.00
QNTUSD Long-term Trend: Bearish (Daily Chart)
The QNTUSD pair is poised to increase more as it has just resumed its rising pattern in its long-term outlook. The price responded to the shift in the market structure and is currently below the moving averages. 
The intervention of the sell traders at the $102.79 support value in the past few days has made the coin price drop below the supply trend line in its recent price level.
Actions from buyers have also increased the coin further up to the $110.69 resistance value as it faces the resistance level. More gains are possible if the bulls can put extra effort into the price action.
Meanwhile, the current price shows a power struggle at the overhead resistance trend line, resisting the start of another bear cycle.
Therefore, if the bulls reorient themselves and the buying pressure continues, the coin may give a bullish breakout of the bearish pattern to retest the $153.78 supply level. This could eventually increase the Quant price to the $160.00 high mark in the upcoming days in its higher time frame.
QNTUSD Medium-term Trend: Bullish (4H Chart)
The coin is now displaying a bullish posture in its medium-term outlook. This is due to the high inflow from the long traders. However, the Quant price is set to increase more as the bulls remain dominant in the market.
The increase in the momentum by the bulls at the $109.95 supply value during yesterday’s session has enabled the QNTUSD price to stay strong above the resistance lines in recent times.
The market price of Quant has just broken up the EMA-50 at the $110.66 supply level as the 4-hour chart opens today. This will give the crypto a high tendency to increase more.
In addition, the daily stochastic indicates an upward trend. Suppose the bulls can maintain the coin price above the previous high of $144.85. In that case, the ensuing rally has the potential to increase more and hit the $160.00 upper resistance level in the coming days in its medium-term perspective.
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