Quant Price Forecast: January 25
QNTUSD at the moment is trying hard not to fall by resisting sellers, the price remains strong above the $140.000 supply value. Hence, a further increase in the bulls’ action may trigger the coin price up and break out the previous high of the $235.000 mark, this may extend the price action to reach the $350.000 resistance trend line and beyond.
Key Levels:
Resistance Levels: $200.200, $200.300, $200.400
Support Levels: $125.000, $124.000, $123.000
QNTUSD Long-term Trend: Bullish (Daily chart)
QNTUSD is in a bullish scenario as can be seen on the daily chart above. Sellers are in a panic as the prices remain above the moving averages, confirming an uptrend. Pressure from the buy traders at the $153.000 high value in the past few days actually adds to the bullish impact on the market.
On the daily chart today, there is a broader recovery in the prices. The cryptocurrency jumped up to the $144.700 supply level above the moving averages as the bulls took to their stand in the market.
This bullish correction, however, indicates a gradual improvement in market sentiment and leads to more intraday gains in assets to higher prices.
Meanwhile, the current price shows a power struggle at the overhead resistance trend line, resisting the start of another bear cycle.
Thus, the daily stochastic indicates an uptrend, should the bulls change their orientation and the buying pressure persists, the coin will possibly give a further bullish breakout of the current supply level to retest the $235.000 high value, this may eventually lead the Quant price to the $350.000 high mark in the coming days in its long-term perspective.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD is in a bullish race in the medium-term outlook. The bulls also made an upward move to the $153.000 resistance level before the end of yesterday’s session. This gave buyers more strength to continue with the trend. 
The coin buyers are not relenting, an increase in price to the $144.404 supply value above the two EMAs as the 4-hourly session opens today, shows that the buy traders are actually on top of the market at the moment, traders are hereby advised to seize the opportunity and buy the coin now to have more gains ahead.
The market is suggesting an upward trend on the daily stochastic, thus, if the buy traders should increase their price action, and bullish momentum is sustained, the Quant price may likely pump up to a significant level of $350.000 resistance value and beyond in the days ahead in its medium-term outlook. This signals a BUY trade again in its medium-term perspective.
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