Quant Price Forecast: August 28
The Quant market at the moment is recovering and its price surge may reach a $350.00 high mark under the influence of the bullish trend pattern. If an additional effort by the long traders could break above the $152.00 previous point, then we can expect the smooth bull run to hit the $350.00 upper resistance mark and beyond which could reflect a strong influence on market participants.
Key Levels:
Resistance Levels: $120.00, $130.00, $140.00
Support Levels: $100.00, $98.00, $96.00 
QNTUSD Long-term Trend: Bullish (Daily chart)
QNTUSD is in a bullish scenario as can be seen on the daily chart above. The price bar remains above the EMA-9, confirming an uptrend, hence the price surge may reach a $350.00 high mark.
The sustained bullish pressure at the $98.38 supply value during the past action has made it possible for the crypto to remain strong above the supply trend levels in its recent high.
At the time of writing this article, the Quant price trades at a $101.73 high mark above the EMA-9, with an intraday gain.
However, the rising price may soon retest the previous trend line at $152.00 which may put demand pressure for a bullish upswing.
A potential recovery with this pattern will lead the prices to the overhead trend line or near the $160.00 mark.
Adding to that, the pair however shows the continuation of bullish sentiment on the daily stochastic. With this trend pattern, the buying team could aim at the $350.00 upper high level in the days ahead in its higher time frame.
QNTUSD Medium-term Trend: Bullish (4H chart)
The price of QNTUSD can now be seen progressing upward above the moving averages on the medium-term outlook. We have also spotted a breakout and a price surge which might reach the upper resistance zone soon.
On the 4-hour time chart, the Quant price showed a steady recovery under the influence of a rising trend line to a $101.73 high mark above the EMA-9. This shows that buyers are currently gaining more strength in the market.
If the bullish momentum persists, a breakout above the accumulation zone of $127.46 level with a candle closing will signal a strong buy signal for interested traders.
Similarly, with buyers clustering around the market as indicated by the daily price signal, the price of QNTUSD is expected to hit the $350.00 upper resistance mark in the days to come in its medium-term forecast.
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