Quant Price Forecast: October 2
The QNTUSD pair remains bullish despite the market odds. The crypto price above the supply levels suggests that the bulls are actively investing in the coin. Should the bulls regroup and push higher, a further bullish breakout from the $91.24 value will accelerate the new correction phase. The $200.00 resistance mark and beyond might be the target.
Key Levels:
Resistance Levels: $100.00, $115.00, $120.00
Support Levels: $90.00, $89.00, $88.00 
QNTUSD Long-term Trend: Bullish (Daily chart)
The Quant market is having a bullish posture in its long-term outlook as can be seen from the chart above. Meanwhile, it also remains bullish despite the market odds and shows the impeding next big move in the price. The recent market structure has favored the bulls.
The coin price found a reliable resistance after completing the downside moves at the $91.24 supply value as a pullback above the EMA-9 as the daily session resumed today. Thus, it is very likely that the bulls will continue rising as we are seeing a bullish correction in place at the present.
Thus, a sharp breakout and closure above the current correction phase at a $130.92 high value will invalidate any bearish thesis.
Additionally, the momentum indicator pointing upwards suggests the continuation of the bullish trend. The price of QNTUSD might possibly retest the $130.92 supply value which might further extend to the $200.00 upper resistance area in the days ahead in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Remains Bullish Despite the Market Odds
Despite the market odds, the QNTUSD price remains bullish on the medium-term chart. The coin price can be seen trading above the EMAs indicating an uptrend.
The bulls have sustained the crypto market at the $90.97 supply value in the previous action, this has made it possible for the coin to stay above the trend lines and remain stronger at the moment.
Meanwhile, the drop in the price of Quant to the $90.42 low value as the 4-hour chart commenced today has no serious effect on the market as the price remains bullish and in an uptrend.
Hence, staying above the supply levels will give the coin price the tendency to rise further. Thus, if the bulls can put extra effort into the price action, the price of QNTUSD could turn upside down and break above the $101.68 supply mark and put further selling pressure into hibernation.
Adding to that, Should the coin price turn up from the $90.42 support and jump above the $ 101.68 supply mark, the bearish thesis would get invalidated and the crypto price may increase to a $120.00 upper resistance value in the days ahead in its medium-term outlook.
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