Quant Price Forecast: January 10
Having completed the lows, the QNTUSD pair is rising and also set to grow more at the moment. The altcoin holds the potential for fast recovery if market participants regain their confidence in the recovery sentiment. The coin price is trending up, as a result, if buyers can put more effort into their market tension, the trend could shift upward to the $160.00 high value which will result in more gains for the coin buyers.
Key Levels:
Resistance Levels: $115.00, $116.00, $117.00
Support Levels: $84.00, $83.00, $82.00
QNTUSD Long-term Trend: Bearish (Daily chart)
On higher time frames, QNTUSD suggests the price is set to grow more as we can see prices trending up in green below the supply levels. This means that the coin market is in a bearish zone. 
This is due to the high inflow from the sell traders. However, there is about to be a turnaround for the Quant long-term traders as the crypto is set to grow more.
The bears’ pressure on the crypto in the past few days has dropped the price below the supply trend lines in its recent price level.
The bulls however made an increase to a $115.00 high level below the EMA-50 as a pullback earlier today.
This indicates that the Quant price is set to grow more and this reversal pattern could assist buyers to challenge the $145.11 neckline barrier and rise back to the $155.57 mark. With this current trend, buyers can pick up the price at a cheaper rate and move the market further up.
Meanwhile, the price of QNTUSD which is pointing up on the daily signal implies that the price is set to grow more, and in this case, the price might reach the $160.00 resistance level if the buy traders could increase their efforts.
QNTUSD Medium-term Trend: Bearish (4H chart)
QNTUSD Price Is Set to Grow More
The currency pair is trading below the moving averages, an indication of a bearish market sentiment in its medium-term time frame. Thus the QNTUSD is set to grow more as the crypto is making a correction and will climb above the supply level to resume its bullishness soon.
A rise to a $115.00 high level by the bulls shortly after the 4-hour chart opens today affirms the returns of the long traders into the market. Thus, the price of Quant is set to grow more if the bulls can redouble their efforts and push above the current supply level.
Additionally, the stochastic oscillator which is also pointing up means that the price action is in an uptrend and it is also set to grow more.
We can certainly expect the price of the coin to retest the $154.75 supply level which might increase to a $160.00 upper supply level in the coming days in its medium-term time frame.
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