Quant Price Forecast: November 23
There is a possibility for the QNTUSD pair to experience another bullish reversal price action and the price could be ready very soon for another upward move. If the forces from buyers in the market should increase and the current support level at $101.100 holds, the coin price may possibly retest the $235.000 previous swing high and this may extend to the $450.000 upper high mark and beyond.
Key Levels:
Resistance Levels: $200.000, $200.100, $200.200
Support Levels: $101.200, $101.100, $101.000 
QNTUSD Long-term Trend: Bearish (Daily chart)
The QNTUSD pair is in a bearish market in its long-term perspective as can be seen from the chart above. The coin price can be seen below the two EMAs which are fanned apart. This is due to the high inflows from the sell traders.
The bulls intend to push the coin price higher, but sellers override this plan and dropped the price to a low of $101.100 value as the daily chart opens today.
Should buyers prove strong and close the daily chart above the $192.698 supply level, then there is a high probability of the price going up to its recent swing high which is $235.000 value. Though, traders who buy in the bearish market will also make more future gains.
In addition, the Quant price has fallen below 20% of the daily stochastic. It indicates that the pair is now in the oversold region of the market. This means that the selling pressure is likely to run to an end. We will now be looking into the emergence of buyers in the oversold region of the market. The bullish correction phase may possibly resume sooner. This may take the coin price up to a $450.000 supply mark in the coming days in its long-term perspective.
QNTUSD Medium-term Trend: Bearish (4H chart)
QNTUSD to Reach the $450.000 High Mark
On the medium-term time frame (4H) QNTUSD’s price at $101.100 support value is seen below the moving averages lines. This is due to the high inflow from sellers; however, this will be stopped soon as the bulls are on track to push the market upward.
After a series of dumps by sellers the bulls made a correction at the $101.100 high value to resume its uptrend shortly after the 15-minutes session resumes today. Traders may use this opportunity to buy the coin at a cheaper rate as the market turn bullish soon.
Hence, further upside is particular here as the Quant price is in the oversold region, this means that buyers will emerge soon to take us high, and the $450.000 resistance level might be reached as we sit back and watch the coin price turns to a bullish market soon in its medium-term view.
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