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Quant (QNTUSD) Price is going Uphill, Buy!

Johnathon Fox
10/20/2022 | UPDATED ON: 10/20/2022

Quant Price Forecast: October 20
QNTUSD is in a positive move and will continue in the same pattern thereby making more gains and a potential buy for the traders. Thus, should the bulls interrupt the short traders, the buying pressure may rise to break up $235.000, the next supply level can be found around the $400.000 resistance trend line.

Key Levels:
Resistance Levels: $235.200, $235.300, $235.400
Support Levels: $181.500, $181.400, $181.300
QNTUSD Long-term Trend: Bullish (Daily chart)QNTUSD Long-term Trend: Bullish (Daily chart)
Quant turns positive today. The currency pair’s orientation trades in a general bullish flow. The price bar can be seen above the moving averages indicating an uptrend and a more bullish impact on the coin.

The market price opens at a $182.170 supply value and further increases to the $192.927 supply level above the two EMAs, as the daily chart opens today. This affirms the high impact of the buy investors in the market.

Thus, the bullish pattern in place could drive the price of QNTUSD higher to reach the $355.00 psychological level which will be a big turnaround for the buyers.

Further, more upsides are certain as the price indicator signals an uptrend. It is therefore expected that the long traders will push the coin price up and this might hit the $400.000 high mark in the nearby days in its long-term time frame.

QNTUSD Medium-term Trend: Bullish (4H chart)QNTUSD Medium-term Trend: Bullish (4H chart)QNTUSD is Increasing
The QNTUSD is bullish on the 4-hourly chart. The bulls are seen clustering around the market to take us higher to psychological key levels.

After a series of low dips, the coin found resistance at the $192.412 level above the EMA-50 shortly after the 4-hourly session opens today, this implies that the buy traders are actually investing in the coin and are ready to move the price higher.

Hence, the price of Quant will still go uphill as the price indicator signals an upward trend in the oversold region of the market. So the correction phase may likely touch the $400.000 supply mark soon in its medium-term outlook.

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About Johnathon Fox

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.

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