Quant Price Forecast: October 9
The QNTUSD is in an upward rally at the moment and will keep rising further. The coin price at the $89.00 price level has set the ball rolling and this might get to the $120.00 resistance level. However, this can be achieved if the current supply at $98.00 value ignites a sharp increase and closes above the $116.76 resistance, this rally may register a $120.00 high value, which may extend the crypto price to a higher value.
Key Levels:
Resistance Levels: $100.00, $101.00, $102.00
Support Levels: $90.00, $89.00, $88.00 
QNTUSD Long-term Trend: Bearish (Daily chart)
The Quant market is having a bearish posture in its long-term outlook as can be seen from the chart above. Meanwhile, it also shows the next big move in the price as the bulls set the ball rolling towards the $120.00 resistance trend level.
The drop in the coin price to $84.75 in the past few days has dropped the coin price below the resistance line in its recent price level.
The bulls are also trying and will not allow the support level to stay. The price is now on its way up to the resistance area at the $89.00 supply value below the EMA to validate the bearishness.
Such a breakthrough would provide an opportunity for buyers to regain control and potentially drive the price of QNTUSD towards the $120.00 high mark.
Notably, the current price of Quant might continue increasing as the buy traders have set the ball rolling, in light of this; the crypto price might reach the $120.00 resistance level soon in its long-term time frame.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Price Sets Ball Rolling Upwards
The QNTUSD pair showed evidence of a bullish rally and set the ball rolling toward the overhead resistance which indicates growth in bullish momentum.
The increase in momentum by the bulls to the $89.16 high value in the previous action has made the crypto sustain the upward trend in its recent high.
The current price of the pair at a $89.00 high level above the EMA as the 4-hour session opens today indicates an uptrend in the context of the strength of the market. This gives room for a more bullish impact on the market at the moment.
Thus, a sharp breakout and closure above the $92.96 neckline will invalidate any further bearish thesis, resulting in an intraday gain for buyers.
Additionally, with buyers clustering around the market as indicated by the daily price signal, the price of Quant is expected to hit the $120.00 upper resistance mark.
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