Quant Price Forecast: July 8
QNTUSD price could see more jumps ahead as the coin is about to end the selling pressure to make noise again. If all the support level holds, the coin price may turn positive to retest the $150.00 previous high level and extend to the $160.00 upper resistance level, resulting in an opportunity for the coin traders to invest in the asset.
Key Levels:
Resistance Levels: $95.00, $96.00, $97.00
Support Levels: $65.00, $64.00, $63.00
QNTUSD Long-term Trend: Bearish (Daily chart)
Quant price is poised to rise and see more jumps ahead as it approaches the overhead region in its higher time frame. The coin price trading below the supply levels, confirms its bearishness. 
The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days.
Actions from the bears dropped the coin price to the $72.47 support level below the EMA-50 as the daily chart resumes today.
Hence, positive momentum may be ignited, and the price of QNTUSD could see more jumps ahead to break up the previous high of $150.00 if the current support at the $72.47 level remains unchanged, and bulls should enhance their market activity.
Furthermore, the coin price is approaching the oversold region, suggesting that the crypto price could see more jumps ahead. As a result, it is projected that buyers will swing up the price action and may reach the $160.00 upper resistance level in the longer term perspective.
QNTUSD Medium-term Trend: Bearish (4H chart)
QNTUSD is bearish in its medium-term outlook. The price could see more jumps ahead as the new correction has just begun below the moving averages. 
The coin is ready to swing up and a breakout is imminent as the bulls are trying not to fall this time. Furthermore, coin prices are trading at a resistance close to the EMA-50, indicating a bearish trend. So it seems likely that the coin price could see more jumps ahead as the bulls are about to take over and swing up the crypto price.
As of now, the Quant price is trading at the $73.71 supply point, below the moving averages, representing a 2.29% gain for today. The coin’s price has attempted to break out of a long-term trend line with a strong buying force.
The sudden jump in QNTUSD price projects a potential challenge to the $88.49 resistance trend line, suggesting a buy signal for interested traders.
Hence, the pair is pointing up on the daily stochastic means that the crypto price may swing up and could see more jumps ahead. In this case, a possible recovery of the $160.00 supply level in the coming days might be the target in the medium-term perspective.
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