Quant Price Forecast: July 29
QNTUSD‘s price is bound to move up and gain more strength. The price might continue in its bullish ride if all the current support holds and the bulls should increase their momentum and break up the $163.14 previous resistance trend line, the price recovery next target might be the $300.00 supply level and above, leading to an intraday gain for coin buyers.
Key Levels:
Resistance Levels: $120.00, $130.00, $140.00
Support Levels: $98.00, $97.00, $96.00 
QNTUSD Long-term Trend: Bullish (Daily chart)
The Quant price is bullish on the higher time frame. The price bar is seen slightly above the EMA-9, this is due to the high impact from the buy investors.
During yesterday’s session, the high order flow from the bulls at $102.35 high value also added to this bullishness. However, the bulls are now set to increase the trend.
Earlier today, after pushing harder, the long traders successfully breakout the supply value at a $103.98 green mark above the EMA-9 as the daily chart opens; this is an uptrend and will also make it capable for the coin price to jump to the upside.
A breakout above this barrier, with a 4-hour candle closing above the $163.14 high mark could signify a shift in the market dynamics.
Furthermore, the daily stochastic indicates an uptrend, therefore, if the bulls could increase their tension in the market, the price of QNTUSD will move above the key levels, and the upcoming rally’s next target might be the $300.00 high mark in the coming days in its higher time frame.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD’s Next Price Target is $300.00 Supply Level
The coin is now displaying a bullish posture in its medium-term outlook. This is due to the high inflow from the long traders.
The increase in the momentum by the bulls at the $102.35 supply value during yesterday’s session has enabled the Quant price to stay strong above the resistance lines in recent times.
However, the bulls lost the pattern while sellers returned briefly and drove the coin price of the crypto down to a $103.08 low value above the two EMAs as the 4-hourly chart opens today; this is an uptrend and will also make it capable for the coin price to jump to the upside.
Hence, a strong push by the bulls could turn the Quant price upside above the $112.48 previous barrier which will offer a strong resistance to the crypto price.
Adding to this, a potential breakout from this trend line could intensify the bullish momentum and may surge the coin price to hit the $300.00 supply level in the nearest day in its medium-term outlook.
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