Quant Price Forecast: September 18
It is about time for the Quant price to swing higher; this is because the coin is now oversold. The crypto may likely finish the dip-lows and may possibly hit the $140.80 supply value soon if the current support at the $93.16 value holds. Further increase in the bulls’ pressure may break the mentioned supply level and this may swing the price up to a $200.00 high level.
Key Levels:
Resistance Levels: $110.00, $120.00, $130.00
Support Levels: $99.00, $98.00, $97.00 
QNTUSD Long-term Trend: Bearish (Daily Chart)
The Quant market is bearish. The market now trades below the moving averages; this affirms its bearish race in its long-term outlook. Meanwhile, the crypto is on the verge of reversal and this may possibly hit the overhead resistance soon.
The bears’ drop to the $91.89 low level, in the past few days has made the currency pair remain in a downtrend zone in its recent low.
Today, after hitting the $94.41 support value, the QNTUSD price faces the lower support and drops further to the $93.16 low value below the supply trend levels.
Thus, there is a possibility for the coin price to pullback at the current support of $93.16 to invalidate the bearish theory if the long investors could add more pressure to their buying motives, the $140.80 previous swing high might be retested leading to an intraday gains for the coin buyers.
Thus, the anticipated bullish reversal could kick start if the bulls could increase their buying momentum, the new recovery cycle may push the price above the $140.80 price level which would stop any further decline.
Additionally, the price of Quant might hit the $140.80 value soon as the coin market price now points up in the oversold region, this will compel the bulls to resume the upward move and in this case, the price might push higher to the $300.00 supply mark and beyond in the days ahead in its higher time frame.
QNTUSD Medium-term Trend: Bearish (4H chart)
QNTUSD Price Hitting the $140.80 Supply Level Soon
Analyzing the chart below, we can see clearly that QNTUSD is in a bearish market zone. The price currently trades below the two EMAs. Further, the crypto may possibly hit the resistance level soon as the market is oversold already.
Pressure from the bears at the $92.66 low value in the previous action has made the crypto price stay below the supply trend levels in its recent low.
Actions from the bears further dropped the coin price down to the $93.16 support level below the two EMAs as the 4-hourly chart resumes today.
With the overall market trend still bearish, the Quant price is likely to plunge higher and retest the high accumulation zone of $106.02 if the bulls could exchange hands with sellers at the mentioned support, a value which will result in more gains for the coin holders.
Hence, if the Quant price sustains above the mentioned resistance level, the resulting rally may surpass the $140.80 high level and hit the $200.00 psychological level at the upside in the days ahead in the medium-term perspective.
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