Quant Price Forecast: November 27
Based on the outlook, the price of QNTUSD will keep rising. The crypto at the moment is currently recovering and facing the upper channel. Therefore, if the coin closes above the high point of $112.48 value, the increased buying pressure might push it up to the upper resistance level of $116.00, resulting in an intraday gain and a potential buy signal for the coin holders.
Key Levels:
Resistance Levels: $105.00, $106.00, $107.00
Support Levels: $94.00, $93.00, $92.00
QNTUSD Long-term Trend: Bearish (Daily chart)
QNTUSD turns positive today and will keep rising, as illustrated by the chart below. The coin price now trades in the upper channel of the market and confirms a bullish race. This is due to the high impact of the buy investors in the coin market.
The sustained bullish pressure pushed the currency pair up to the $100.20 supply level during yesterday’s session and sustained it. This has made it easier for the coin to remain firm in an uptrend in its recent high and with the look of things, it will keep rising..
The price finds a reliable resistance at the $100.75 trend line which further increases to $101.50 above the moving average line as the daily session begins today, resulting in intraday gains. This will prolong the upward rally and fuel the release of more buy investors into the Quant market.
Currently, the price signal is pointing upwards indicating a bullish move and in this case, the price of Quant will keep rising and could jump up to hit the $116.00 upper supply mark sooner in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)
Analyzing the chart below, we can clearly see that QNTUSD is in a bullish market zone. The price currently trades above the EMA-50 and from the look of things; it will keep rising, making higher highs and moving towards the major upper resistance area. 
The high bullish impact on the crypto at the $99.81 high level in the previous action has contributed to its bullishness in its recent high.
The strong push by buyers to the $100.81 resistance trend line above the moving averages as the 4-hour chart opens today shows that the buying activities will keep rising. Thus, if the long traders could break above the $112.46 supply mark, the bearish thesis will be invalidated.
Likewise, there is a possibility of more upsides as indicated by the price signal which is pointing in an upward direction. This may extend the price of Quant to a high at $116.00 upper resistance value soon in its medium-term time frame.
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