Quant Price Forecast: July 27
QNTUSD price hits resistance at the $74.25 threshold as it continues with the bullish pressure. At the moment, the pair is trying hard not to fall by resisting sellers. Based on the outlook, should the daily candlestick close above the $150.00 supply mark, the correction phase might extend to meet the resistance at the $ 160.00 trend line, indicating a potential price increase in the future.
Key Levels:
Resistance Levels: $80.00, $90.00, $100.00
Support Levels: $67.00, $66.00, $65.00
QNTUSD Long-term Trend: Bearish (Daily chart)
Coupled with increasing prices, the QNTUSD pair hits resistance at the $74.25 threshold as it trends upwards in the long-term perspective. The price bars are below the moving averages, confirming a bearish momentum. 
The sustained bearish pressure at the $71.22 support value in the past few days has made the crypto price drop below the supply levels in its recent low.
The coin buyers returned the Quant price to hit the resistance 74.25 thresholds below the EMA-50, as the journey up north continues on the daily chart today. However, there is likely to be a steady increase as the coin is set for a bullish pattern continuation rally.
Meanwhile, the current price shows a power struggle at the overhead resistance trend line, resisting the start of another bear cycle.
Thus, should the bulls change their orientation and the buying pressure persists, the coin could give a bullish breakout from the current supply value to hit the $150.00 threshold, leading the Quant price to hit resistance at the $160.00 upper high mark in the coming days in its long-term perspective.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD rebounded after its downside moves. The coin price hits resistance at the $75.24 threshold as it continues to climb toward the overhead resistance level in its medium-term time frame. The market shows that the price may now be trading in a new ascending channel. 
The bulls have sustained the crypto market at the $72.63 supply value in the previous action, making it possible for the coin to stay above the trend line and remain stronger in its recent high.
The Quant price on the 4-hourly chart currently hits resistance at the $74.25 threshold facing the overhead resistance slightly above the EMA-50 and also approaching the retest of the previous high at the$82.04 level. Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels.
In addition, the price of QNTUSD may likely continue its bullish waves as indicated by the daily stochastic, pointing in an upward direction. Thus, a daily close above the $84.02 high mark could invalidate further bearish outlook and hit the resistance at the $160.00 threshold in the coming days in its medium-term perspective.
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