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Quant (QNTUSD) Price Is Trending up to the $143.58 Supply Level

Johnathon Fox
09/28/2024 | UPDATED ON: 09/28/2024

Quant Price Forecast: September 28

Due to a high bullish impact, the QNTUSD price is trending up and looks good for long-term investors. The coin price will most likely continue its bullish run, and the price could still go higher if the bulls can break up the $143.58value; then, we can expect a good upside momentum up to the $150.00 upper resistance level and beyond, suggesting strong market confidence among the coin investors.

Key Levels:
Resistance Levels: $80.00, $85.00, $90.00
Support Levels: $60.00, $59.00, $58.00

QNTUSD Long-term Trend: Bullish (Daily chart)

QNTUSD’s price is trending up to the prior supply level as it remains positive and portrays a bullish market trend in its long-term outlook. The price responded to the shift in the market structure and is currently above the moving averages, suggesting a bullish momentum.
Quant (QNTUSD) Price Is Trending up to the $143.58 Supply Level
The increased momentum by the bulls to a $80.13 high level in the previous session has sustained the coin price above the supply trend levels in its recent high.

Today, the Quant price is trending up around the $80.92 level above the EMA-50 on the daily chart, suggesting an overall sign of revitalization.

Hence, a potential breakout above the $143.58 barrier point could bolster the bullish momentum and target the $150.00 overhead resistance as it continues trending up.

In addition, under the influence of this market level, the price of Quant could continue trending up and break up the previous high of $143.58 level to reach the $150.00 resistance level in the coming days as we watch the crypto market price trending up in the long-term perspective.

QNTUSD Medium-term Trend: Bullish (4H chart)

Upward pressure still dominates the QNTUSD price and continues trending up to the upper resistance level on the medium-term outlook. The coin price is strongly trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls and suggests a bullish run.
Quant (QNTUSD) Price Is Trending up to the $143.58 Supply Level
The coin has been having a series of higher highs and higher lows from the past session sustaining the Quant price above the supply levels in its recent high.

At the writing time, the QNTUSD price could be seen trending up around the $80.82 level above the moving averages as the 4-hourly chart resumes today, indicating an investment opportunity for the coin holders, as possible future gains are certain.

Thus, a possible breakout from the current retracement at the $80.82 neckline will accelerate the buying momentum and push the prices higher towards the upper high level.

Additionally, the Quant price can keep trending up if the bulls should add more effort to their tension in the market as the daily stochastic signal points in an upward direction.

As a result, the next target could be the $150.00 high trend mark soon, as the coin price keeps trending up towards the upper high channel in the medium-term perspective.

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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.

View all posts by Johnathon Fox →
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