Quant Price Forecast: May 1
The QNTUSD pair at the moment is trying hard not to fall by resisting sellers, as the coin is set to begin recovery. Having completed the downward correction, the cryptocurrency might likely continue its upside rally if the current support at $111.41 value holds, and the daily chart closes above the $152.00 resistance level, then there is a high probability of the price going up to its recent swing high, which is $168.38 resistance trend line and beyond.
Key Levels:
Resistance Levels: $200.00, $231.00, $241.00
Support Levels: $110.00, $109.00, $108.00 
QNTUSD Long-term Trend: Bullish (Daily chart)
QNTUSD Price Is Set to Resume Its Recovery Pattern
Quant is having a bullish posture trading above the EMA-9 in its long-term outlook, which means that it’s in a bullish trend zone.
The drop in the coin price to the $111.41 low value during yesterday’s session has no serious effect on the market as the price remains in an uptrend. This will soon be invalidated as the trend has just resumed its rising pattern but has not yet reached its goal.
The crypto rebounded from the mentioned support to the $111.80 supply value above the EMA-9 as the daily chart opens today. This indicates a genuine reversal which may attempt the $165.00 breakout soon.
Next, the momentum indicator pointing upwards suggests the continuation of the bullish trend. The price of Quant might possibly retest the $168.38 supply value which may further lead the coin price to the $400.00 upper resistance level in the coming days in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD pair is showing a more bullish impact in its medium-term time frame. The bulls are having the market at their disposal at the moment. Further, the price is gathering momentum and has decided to face the upsides to achieve more gains.
The high bullish impact during the previous action has made the coin price trade in an uptrend in its recent high.
The bulls made a correction to the $111.80 supply value above the EMA-9 to resume its uptrend. This will actually encourage the buy traders to invest in the cryptocurrency, as possible future gains are certain.
Trading above the moving averages will enable the market value of Quant to keep pushing up. Therefore, if the bulls should add more aggression to their activities in the market, the $400.00 resistance level might be reached soon in its medium-term outlook.
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