{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/quant-qntusd-price-asserting-a-new-bullish-cycle\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/quant-qntusd-price-asserting-a-new-bullish-cycle\/","headline":"Quant (QNTUSD) Price Asserting a New Bullish Cycle","name":"Quant (QNTUSD) Price Asserting a New Bullish Cycle","description":"Quant Price Forecast: May 20QNTUSD price is currently asserting a new bullish cycle as the long investors show a minor bullish momentum amid a recent price surge. If the bulls can break above the $153.83 mark, the coin price is expected to continue its bullish run. If this happens, we should anticipate strong upside momentum […]","datePublished":"2024-05-20","dateModified":"2024-05-20","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\/2024\/05\/QNT-MON-LNT-2.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/05\/QNT-MON-LNT-2.png","height":530,"width":1281},"url":"https:\/\/forexschoolonline.com\/quant-qntusd-price-asserting-a-new-bullish-cycle\/","about":["Cryptocurrency","Price Action Charts in Focus","Technical Analysis","Trade Idea","Trade Setups"],"wordCount":485,"keywords":["QNTUSD","QUANT","Technical Analysis"],"articleBody":"Quant Price Forecast: May 20QNTUSD price is currently asserting a new bullish cycle as the long investors show a minor bullish momentum amid a recent price surge. If the bulls can break above the $153.83 mark, the coin price is expected to continue its bullish run. If this happens, we should anticipate strong upside momentum up to the $150.00 upper resistance level and beyond, paving the way for a more ambitious resistance to the coin traders Key Levels:Resistance Levels: $96.00, $97.00, $98.00Support Levels: $89.00, $88.00, $87.00 QNTUSD Long-term Trend: Bearish (Daily chart)It\u2019s pleasing to see the QNTUSD price asserting a new bullish cycle facing the resistance area in its long-term outlook. The price bar can be seen slightly below the supply trend levels approaching the resistance line, this means that the coin market is in a bearish trend. Pressure from the bears at the $94.16 support value in the last few days has brought the price below the resistance levels lately.Today, the Quant buyers are asserting a new bullish cycle as the price swings upwards to a $98.85 resistance level below the EMA line as the daily chart commences; this implies that the coin buyers are gradually returning to the market to stage a play. Thus, a strong push by the long traders above the $153.83 previous high point with a daily candle closing could signify a shift in the market dynamics.In addition, under the influence of this market level, the price of Quant could rise steadily soon and break up the previous high of $153.83 level to reach the $150.00 resistance level in the coming days as the coin buyers are asserting a new bullish cycle in the long-term perspective.QNTUSD Medium-term Trend: Bullish (4H Chart)The QNTUSD pair is asserting a new bullish cycle and showed a clear bullish rally above the moving averages which indicates an uptrend and growth in bullish momentum in its medium-term time perspective.The successful breakout by the bulls to the $98.20 high mark in the last few hours has sustained the Quant price above the supply levels in its recent high.The coin price which rises from the $98.65 to the $98.85 high level above the moving averages shortly after the 4-hourly chart opens today indicates that bulls are more active in the market at the present, asserting a new bullish cycle. Thus, a possible breakout from the current retracement at the $98.95 neckline will accelerate the buying momentum and push the prices higher to hit the $116.62 previous resistance level. Additionally, there is a possibility of a bullish breakout if the bulls should add more effort to their tension in the market as the daily stochastic signal points in an upward direction; this indicates an uptrend and a bullish trend continuation. As a result of this, the next target could be the $150.00 high trend mark soon as the bulls are asserting the new bullish cycle in the medium-term perspective.Place winning Quant trades with us. Get QNT here "}