Quant Price Forecast: September 14
Amidst the current uncertainty in the crypto market, the QNTUSD’s price remains pressured above the supply value, maintaining an overall bullish outlook. The coin is trying hard not to fall by resisting sellers; in case the bulls’ pressure breaks up the resistance level of $150.00, the coin price may increase further to a $160.00 high trend line, indicating a potential for a prolonged correction in QNTUSD price.
Key Levels:
Resistance Levels: $90.00 $100.00, $110.00
Support Levels: $58.00, $57.00, $56.00
QNTUSD Long-term Trend: Bullish (Daily chart)
The QNTUSD price remains pressured above the supply value as the market experiences a correction phase and looks nice for the bulls in its long-term view.
The pressure from coin investors at the $69.23 high mark in the last few days has pressured the Quant price above the supply levels in its recent high.
As a result of price rejection in the previous action, buyers increased the price of Quant higher to a $73.23 barrier level above the EMA-50 as the daily session opens today, resulting in intraday gains for the coin buyers. However, there are bullish signals above $70.00, indicating a possible further increase in the crypto’s market value.
Further, the QNTUSD pair shows the continuation of bullish sentiment as it remains in an uptrend on the daily signal. Sellers look exhausted while the price of QNTUSD remains pressured above the $70.00 value as the price continues to sustain an upward move, but the downside risk remains uncertain. Thus, the next bulls’ target might be the $160.00 high level in the days ahead in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Remains Strong above the Supply Value
The price of Quant remains pressured above the supply level, indicating a high bullish trend in its medium-term outlook. The coin price has been trading in green over the past few hours, suggesting the bulls are leading the crypto market for a sustainable recovery.
The QNTUSD price remains pressured above the supply level at $73.23 as the 4-hourly chart opens today, indicating an uptrend and a more bullish impact on the coin. Thus, staying above the supply value will make it possible for the coin price to rise further.
However, there is a possibility of a further increase in the price of Quant as it remains upwards on the daily signal. If the buy traders should increase their price actions and all the current support level holds, a psychological level of $150.00 at the upside might be reached soon in its medium-term time frame.
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