Quant (QNTUSD) Price is on a Bullish Trend

Quant Price Forecast: December 2
QNTUSD at the moment is trying hard not to fall by resisting the sellers. Quant (QNTUSD) price is on a bullish trend. In case the bulls’ pressure breaks up the resistance level of $235.000, the coin price may increase further to a $400.000 high trend line which indeed will be a turnaround for the coin holders.

Key Levels:
Resistance Levels: $200.200, $200.300, $200.400
Support Levels: $112.200, $112.100, $112.000

QNTUSD Long-term Trend: Bullish (Daily chart)
The QNTUSD pair indicates an upward trend with a bullish sentiment in its long-term perspective. As can be seen from the chart, bullish momentum is accumulating on the pair right now.

On the daily chart today, there is a broader recovery in the prices. The cryptocurrency jumped up to a $121.429 supply mark above the EMA-9 as the bulls took to their stand to resume the bullish trend. A strong breakup above the $235.000 resistance point would strengthen the bullish pressure.

Meanwhile, the Quant price is pointing upwards on the daily stochastic, this will compel the bulls to continue with the trend, this trend may possibly increase the coin price to the $400.000 high value soon in its long-term outlook.

QNTUSD Medium-term Trend: Bullish (4H chart)QNTUSD Price Remains Bullish
The momentum on the medium-term time frame is also distinctly bullish. Nevertheless, it seems the bulls will take over the price of Quant soon and push us higher as the market now remains strong above the supply rend lines.

The coin price found a reliable resistance after completing the downside moves at the $121.429 resistance value above the moving average lines as the 4-hourly session resumes today. Thus, it is very likely that the bulls will continue the rising pattern as we are seeing a bullish correction in place at the present.

Further, we have a bullish bias that the price of QNTUSD will rise further to the upside if the buying pressure should increase and further selling pressure is stopped. The bullish trend could push the price to a $400.000 high value in the days ahead in its medium-term outlook.

Place winning Quant trades with us. Get QNT here