{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/quant-qntusd-heading-towards-the-227-00-supply-level\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/quant-qntusd-heading-towards-the-227-00-supply-level\/","headline":"Quant (QNTUSD) Heading towards the $227.00 Supply Level","name":"Quant (QNTUSD) Heading towards the $227.00 Supply Level","description":"Quant Price Forecast: February 8QNTUSD is heading towards the $227.00 supply level as the coin price faces a new correction to resume its upward rally. A possible breakout from this resistance will offer a higher footing for prices to bolster further price rallies. The flight from the mentioned supply value could push higher prices to [&hellip;]","datePublished":"2023-02-08","dateModified":"2023-02-08","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/02\/QNT-WED-LNT-1.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/02\/QNT-WED-LNT-1.png","height":595,"width":1280},"url":"https:\/\/forexschoolonline.com\/quant-qntusd-heading-towards-the-227-00-supply-level\/","about":["Forex Trading Tools","FX Technical Analysis","Trade Idea","Trade Setups"],"wordCount":323,"keywords":["QNTUSD","QUANT","Technical Analysis"],"articleBody":"Quant Price Forecast: February 8QNTUSD is heading towards the $227.00 supply level as the coin price faces a new correction to resume its upward rally. A possible breakout from this resistance will offer a higher footing for prices to bolster further price rallies. The flight from the mentioned supply value could push higher prices to hit the $400.00 supply level.Key Levels:Resistance Levels: $230.20, $230.30, $230.40Support Levels: $130.00, $129.00, $128.00QNTUSD Long-term Trend: Bullish (Daily chart)The QNTUSD pair is in a bullish market zone in its higher time frame as can be seen from the chart below. The price is currently recovering and trades above the EMA-50 with its wick touching the EMA-9. This is an indication of an uptrend. The bullish reversal at the $146.84 high value in the previous action has sustained the crypto above the trend line.The bulls increase their pressure and move the crypto market price up to a $141.65 high level as the daily chart opens today. This makes it possible for the coin to remain positive and good for a BUY position.In addition, the daily stochastic indicates an upward trend, this means that the buy investors may likely continue with the bull run and the target might be the $400.00 resistance level soon in its long-term outlook.QNTUSD Medium-term Trend: Bullish (4H chart)The Quant\u2019s price is losing bearish momentum in its medium-term outlook as it rises above the $138.39 resistance level. The currency pair\u2019s orientation trades in a general bullish flow. If the price sustains above the $159.69 supply level, we can expect a good upside to moving up to its previous swing high of $163.14, and then we can buy there as well.In a like manner, the momentum indicator which is pointing up also indicates that the price action of QNTUSD will remain on the upside and a $400.00 high level might be the target in the days ahead in its medium-term perspective.Place winning Quant trades with us. Get QNT here "}