Quant Price Forecast: February 13
The Quant (QNTUSD) is on its way to the overhead trend levels and looks promising at the $139.300 resistance value. Based on the outlook, should the bulls push higher and close above the $235.000 high mark, a bullish breakout confirmation will reflect the improved market sentiment and this might push the coin price to the $400.000 upper supply trend level.
Key Levels:
Resistance Levels: $220.000, $230.000, $240.000
Support Levels: $117.000, $116.000, $115.000
QNTUSD Long-term Trend: Bullish (Daily chart)
The QNTUSD market remains bullish on the higher time frame. This is clear as we can see the prices trading above the EMA-50. 
The bulls’ activity at the $137.406 supply level during yesterday’s session has made the coin price remain strong above the supply trend line.
The coin price on the daily chart today is currently facing resistance and trading at the $139.300 correction level. Further, the rising prices reclaimed more confirmation for a bullish recovery. Hence, staying above the EMA-50 indicates a strong possibility for a bullish correction.
Meanwhile, the market price of Quant is pointing up in the oversold region of the stochastic, this means that the selling pressure has reached exhaustion, and the expected upside move in the price could be high at $400.000 value in the coming days in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)
The QNTUSD pair is trading in a bullish market in its medium-term outlook. This is due to the high influence of the buy traders. The coin was able to reach a high of $134.968 level in the previous action. 
The coin price finds a reliable resistance at around the $133.690 mark above the EMA-9, resulting in intraday gains as the 4-hourly session resumes today. Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels.
Furthermore, Quant price is in an upward direction as indicated by the price indicator, this implies a high possibility for a bullish trend continuation. As a result of that, the coin price might swing up to its recent swing high, which is a $235.000 supply level and this may possibly increase to the $400.000 supply mark in the coming days in the medium-term
outlook.
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