Quant Price Forecast: October 28
Quant (QNTUSD) price is pumping up again and indeed a good time to buy for the coin traders. If the coin price could sustain above the pattern supply trend line to revisit the previous high of $112.43 value, the potential recovery could assist buyers to reach the $116.00 upper high level, indicating a growth opportunity of 80% which suggests a buying time for interested traders.
Key Levels:
Resistance Levels: $105.00, $106.00, $107.00
Support Levels: $89.00, $88.00, $87.00 
QNTUSD Long-term Trend: Bullish (Daily chart)
The Quant price is pumping up again and remains strongly bullish in its higher time frame. This is clear as we can see the prices trading above the moving average line approaching the upper resistance level, this confirms a bullish trend.
The bulls were able to push the coin price up to the $105.71 resistance value during yesterday’s session and have enhanced the price to stay above the supply trend levels in its recent high.
The bulls are not relenting, an increase in the price of QNTUSD to the $107.38 supply value above the EMA-50 as the daily session opens today, shows that the buy traders are actually on top of the market at the moment. Meanwhile, the current price shows a power struggle at the overhead resistance trend line, resisting the start of another bear cycle.
Additionally, if the buy traders should increase their price action, and bullish momentum is sustained above the $112.43 previous high point, the Quant price may likely continue its pump up to a significant level at a $116.00 resistance value and beyond before the close of today. This signals a BUY trade again in its long-term perspective.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Price Pumping Up Again
QNTUSD is at the moment trading in the bullish trend market in the medium-term outlook. The price currently pumping up and trades above the EMA. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line.
The coin has been having a series of higher highs and higher lows which has made it possible for the price to remain stronger in an upward trend in its recent high.
The bulls caused a rise to the $107.38 high level above the moving averages as the 4-hour chart opens today. This indicates that the traders are actively buying at this level.
Hence, should the bulls increase their buying motives, the price could pump up above the current trading level which would hibernate any further decline.
Adding to this, the price of QNTUSD is pointing upwards on the daily stochastic, which means that further upside is certain. It is therefore expected that the buy investors will continue pumping up and may likely hit the $116.00 upper resistance level soon in its medium-term time frame.
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