Quant (QNTUSD) Might Head to $450.000 Resistance Value

Quant Price Forecast: October 26
QNTUSD remains bullish and seems stable at the present. Quant (QNTUSD) Might Head to $450.000 High Mark. Thus, a sharp breakout and closure above the current correction phase at a $181.370 high value will invalidate any bearish thesis and the price might hit the high at the $450.000 resistance level and beyond.

Key Levels:
Resistance Levels: $233.000, $234.000, $235.000
Support Levels: $175.000, $174.000, $173.000
QNTUSD Long-term Trend: Bullish (Daily chart)
Upward pressure still dominates the QNTUSD pair in the higher time frame. The coin price is now strongly trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls.

On the daily chart today, there is a broader recovery in the prices. The cryptocurrency jumped up to a $181.370 supply level above the moving averages as the bulls took to their stand in the market.

This bullish correction, however, indicates a gradual improvement in market sentiment and leads to more intraday gains in assets to higher prices.

In addition, more upsides are still coming as shown by the stochastic oscillator pointing upwards to indicate an uptrend. With the look of things, the bullish rally may therefore head towards $450.000 in no long time on the daily chart.

QNTUSD Medium-term Trend: Bullish (4H chart)QNTUSD in a Strong Bullish Move
Quant remains also bullish on the medium-term outlook. The bulls are really trying not to fall this time around. Further, the coin price is traded above the two EMAs which are glued together, this confirms a bullish trend.

The QNTUSD found resistance at $181.370 above the moving averages after a series of dip lows in the previous action today.

The longer the price stays above the mentioned supply level, the more pressure builds up to reach a key significant level at the upside.

Next, the coin price is also pointing upwards, this suggests that the price of Quant may likely continue and remain in an upward direction and the $450.000 supply trend line might be the target.

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