Quant Price Forecast: December 27
The Quant (QNTUSD) pair is making positive moves and looks tasty for the bulls as the price now trades very close to the upper resistance level. The crypto can swing up further above the current level at $143.74. Should the bulls increase their pressure, the resistance level of $147.00 may not hold and extend to a $150.00 high level and beyond.
Key Levels:
Resistance Levels: $141.00, $142.00, $143.00
Support Levels: $100.00, $99.00, $98.00
QNTUSD Long-term Trend: Bullish (Daily chart)
QNTUSD indicates an upward trend with a bullish sentiment and looks tasty for the bulls in its long-term perspective. The coin is trading above the level of $133.67. The market is presently facing upper resistance at the recent high.
During yesterday’s session, the previous action at the $143.60 high level has really sustained the coin price to remain above the trend line in its recent high.
As the 4-hourly session begins today, the bulls’ action raises the price of Quant to the $143.74 resistance level above the supply trend levels. A break above this trend level would increase buying pressure on the crypto.
Further, as the QNTUSD pair looks tasty for the bulls, if the coin buyers could hold above the $143.74 current high mark and close a candle, closing above the mentioned resistance will signal a potential BUY. As a result, the price could pump or surge upsides to hit the $150.00 resistance value soon in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)QNTUSD Looks Tasty for the Bulls
On the medium-term outlook, the QNTUSD pair also looks tasty for the bulls as it remains strongly bullish in its medium-term outlook. The crypto is strongly trading above the EMA, indicating a possible pair rise.
The bullish reversal at the $131.51 high value in the previous action has sustained the crypto above the trend line in its recent high.
Hence, the Quant market may remain and continue in an uptrend as indicated by the daily stochastic pointing up, based on the outlook, should the bulls push higher and close above the $143.60 previous high mark; a post- retest rally may drive the coin price to hit the $150.00 upper resistance level soon as the coin remains and looks tasty for the bulls in its medium-term forecast.
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