Quant Price Forecast: February 12
The QNTUSD pair is now on its uptick trend which targets the $160.00 supply level. Based on the outlook, should the bulls push higher and close above the $155.57 high mark, a bullish breakout confirmation will reflect the improved market sentiment and this might push the coin price to the $160.00 upper supply trend level, signaling a notable recovery for QNTUSD and the best crypto signal for a better change in market dynamics.
Key Levels:
Resistance Levels: $105.00, $106.00, $107.00
Support Levels: $100.00, $99.00, $98.00
QNTUSD Long-term Trend: Bearish (Daily chart)
Analyzing the chart below, we can see clearly that the QNTUSD pair has begun its uptick trend while remaining below the supply level in its higher time frame. The price currently trades slightly below the EMA line which confirms its bearishness. 
The bears’ impact on the coin to the $103.96 low level during yesterday’s action has made the price remain below the resistance levels at present. But the bulls are returning gradually with the new uptick trend and this may take us far and push us higher above the resistance lines.
Hence, after completing the lows, the Quant price moved up to a $108.00 high level below the EMA-50 as a pullback as the daily chart resumes today. This is a result of more concerns from the buy investors.
This uptick trend and positive turnaround could surge the crypto price above the previous high of the $155.57 barrier if an extra effort is being added to the buying forces in the market.
Meanwhile, the market price of Quant is pointing up on the daily stochastic, this means that the uptick trend may continue: therefore the expected uptick trend target might be the $160.00 upper resistance value in the coming days in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H Chart)
The QNTUSD pair is trading in a bullish market in its medium-term outlook. This is due to the high influence of the buy traders. The uptick trend targets the $160.00 supply levels, if buyers can push harder.
The coin was able to reach a high of $106.03 level in the previous action; this has enabled the Quant price to sustain its uptick trend above the supply levels in its recent high.
The coin price finds a reliable resistance at around the $108.00 mark above the EMA-50, resulting in intraday gains as the 4-hourly session resumes today. This will encourage the buy traders to invest in the crypto, as possible future gains are certain.
Additionally, the momentum indicator which is pointing up on the daily stochastic indicates that the QNTUSD price might continue the uptick trend and remain in that direction to hit the $160.00 supply level and beyond soon in the medium-term time frame.
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