Quant Price Forecast: June 10
QNTUSD is very likely to continue growing and might head to the $400.00 supply level as we are seeing a bullish correction in place. The coin gave a bullish breakout from the $112.58 level, suggesting the buy traders are making a recovery attempt. Thus, if the crypto’s price sustains above the $163.14 high level, the potential rally could surge higher to hit the above mentioned resistance value resulting into an intraday gains for the coin traders.
Key Levels:
Resistance Levels: $150.00, $160.00, $170.00
Support Levels: $100.00, $90.00, $80.00 
QNTUSD Long-term Trend: Bullish (Daily chart)
QNTUSD rebounded after its massive drops. The coin is now in the bullish market trend in its higher time frame. The market shows that the price may now be trading in a new ascending channel.
The sustained bullish pressure at the $117.89 level on the 6th of June has enhanced the coin price stay above the supply level in its recent high.
The Quant price has moved up to a $112.58 high level above the EMA-50 as a pullback from buyers as the daily chart resumes today. This is as a result of more concerns from the buy investors. Thus, it is very likely that the bulls will continue rising as we are seeing a bullish correction in place at the present.
Therefore should the bulls increase their swagger in the market, the price is poised to pump up above the key resistance levels around the $159.69.
Also, the momentum indicator which is pointing up indicates that the price of QNTUSD is in an uptrend and may possibly remain in that direction to hit the $400.00 supply level and beyond soon in the higher time frame.
QNTUSD Medium-term Trend: Bearish (4H chart)
QNTUSD Might Reach the $400.00 Supply Level
The Quant market is having a bearish posture in its medium-term outlook as can be seen from the chart above. Meanwhile, it also shows the impeding next big move in the price.
The bearish pressure at the $110.47 support level in the past few hours has made the coin stayed below the supply trend levels in its recent times.
The bulls made a corrective rally up to a $112.58 high level below the moving averages shortly after the 4-hourly session opens today. Thus, it is very likely that the bulls will continue rising as we are seeing a bullish correction in place at the present.
Further, the QNTUSD price is pointing up indicating an uptrend as shown by the price indicator; it means that the buying pressure will continue. As a result of that, the bullish race might possibly reach the $400.00 resistance level in the coming days in its medium-term outlook.
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