Quant Price Forecast: October 23
QNTUSD may likely retest the mentioned supply level as it is about to resume its bullish race. The crypto is trying hard not to fall heavily to the downside. Therefore, if the bulls could trigger their forces in the market, the price may likely reverse and turn positive to reach the $1.000 high level and beyond.
Key Levels:
Resistance Levels: $89.00, $90.00, $91.00
Support Levels: $85.00, $84.00, $83.00 
QNTUSD Long-term Trend: Bearish (Daily chart)
The Quant price is forming lower lows and lower highs on its long-term chart. Further, the price is trading below the EMA; which means that it’s in a bearish market zone at the moment. However, we can see the Quant price retesting the previous high soon as the rising pattern has just begun.
The sustained bearish pressure in the past few days at the $84.68 support value has made the crypto price remain below the supply trend levels in its recent low.
The coin buyers responded to the market and broke out from the support trend line to a $87.14 high value below the moving average line; this is an indication of more forces from the buy traders returning to the market.
Additionally, the coin price signaled an upward direction on the daily stochastic, this suggests a bullish continuation pattern. As a result, the coin price could pump or surge upsides to hit the $116.00 upper resistance trend line in the days ahead in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H Chart)
The market price of QNTUSD is currently trading in the bullish market zone. This is due to the high inflows of the buy traders on the coin market. Thus, buyers’ intention of price retesting the previous supply level remains certain. 
The buying pressure on the crypto to the $87.74 supply value during the past session also added to its bullishness in its recent high.
The drop in the price of Quant to the $86.62 low value above the EMA-50 as the 4-hour chart commenced today has no serious effect on the market as the price remains in an uptrend. Thus, staying above the moving average will make it possible for the crypto to rise further.
Hence, should the bulls exchange hands with the sell traders and close above the $89.41 resistance value, additional intraday gains would be recorded for the buy investors.
Further, if the Quant buyers could hold and close the 4-hour chart above the $89.41 previous high barrier, there is a possibility of the QNTUSD price retesting the $112.48 price level soon in its medium-term outlook.
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