Quant Price Forecast: September 11
The Quant (QNTUSD) price is trending upwards due to the high bullish impact on the crypto. The coin may likely continue its growth creating an opportunity for the interested traders. Having finished the downward correction, the crypto might likely continue its upside move if the current support at $99.16 value holds, and the daily chart closes above the $136.25 resistance level, then there is a high probability of the price going up to its recent swing high, which is $149.00 resistance trend line.
Key Levels:
Resistance Levels: $110.00, $120.00, $130.00
Support Levels: $98.00, $97.00, $96.00
QNTUSD Long-term Trend: Bullish (Daily chart)
On the higher-term time frame, prices of Quant are above the EMA-9 and have confirmed a bullish momentum breaking the previous high and trending upwards.
The pair is in a smooth uptrend as can be seen from the chart above. This looks nice for the buy trader and signifies a buy signal.
The bulls were able to push the crypto to a $100.77 resistance value during yesterday’s session and have enhanced the price to stay in green ready for an upward performance in its recent high.
Actions from buyers have also increased the price of QNTUSD further up to the $100.85 resistance value as it journeys up north. More gains are possible if buyers can put extra effort into the price action.
Hence, with sustained buying, the coin price might rise further above the previous swing high of $149.00 level and set the potential for future growth.
In addition, the daily stochastic indicates an upward trend, this means that the buy investors may likely continue trending upwards and this may reach the $400.00 resistance mark soon in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Price Trending Upwards
The coin is also displaying a bullish posture in its medium-term outlook. This is due to the high inflow from the long traders. The Quant price is seen trending upwards above the two EMAs and this may continue.
An increase in momentum by the bulls at the $99.52 supply value during the previous action has enabled the Quant price to stay strong above the resistance lines in recent times.
The market price of QNTUSD has just broken up the two EMAs at the $100.85 supply level as the 4-hourly chart opens today. This will give the crypto a high tendency to rise further.
Hence, there is a tendency for the coin to rise further as indicated by the daily signal pointing in an upward direction, if the support level holds, this will enable buyers to continue with the upward trend and take the price of QNTUSD up to a high of $400.00 soon in its medium-term perspective.
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