Quant Price Forecast: December 14
The Quant (QNTUSD) pair is on its way to the upper resistance trend lines, the coin price will rise further. If all the current support holds and the bulls should trigger their efforts and break up the $235.000 supply trend line, the bullish correction pattern may likely extend the coin price to hit the $350.000 high mark. Thus, a turnaround and clear buy signal for the coin holders.
Key Levels:
Resistance Levels: $200.000, $200.100, $200.200
Support Levels: $119.000, $118.000, $117.000 
QNTUSD Long-term Trend: Bullish (Daily chart)
The momentum on the long-term outlook is still in an uptrend despite the inflows from the sell traders. The price bar can be seen slightly above the EMA-9. Thus, the bulls are capable of pushing higher from this trend line. The bulls were able to push the coin to the resistance area in the previous action and sustained it by resisting the sell traders.
The QNTUSD market finds a reliable resistance at the $121.707 mark above the EMA-9, resulting in intraday gains as the daily chart resumes today. This suggests an uptrend in the context of the strength of the market and also shows that buyers are still in dominant the price actions at the present.
Additionally, there is likely to be a further increase in the price of Quant as indicated by the daily signal which is pointing upwards. We can therefore expect the buy traders to push the coin price above the overhead resistance trend line which may possibly reach the $350.000 supply trend line in the coming days in its higher time frame.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Will Rise Further
The QNTUSD pair remains in the bullish market zone in its medium-term view. The market price staying above the resistance trend line confirms its bullishness and the high impact of the bulls.
The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to maintain an uptrend.
Despite the interruptions from the short traders at a $119.204 low level, buyers successfully pushed the market price of Quant above the moving average lines at the $121.707 supply level as the 4-hourly chart opens today. Hence, we have a bullish bias that the coin price will rise further to the upside if the buying pressure should increase.
Currently, the crypto is making a correction as indicated by the daily stochastic, therefore there may be a potential rise in the Quant price and this may possibly retest the previous high at the $235.000 supply level which might further extend the coin price to the $350.000 high trend line in the coming days in its medium-term outlook.
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