Quant Price Forecast: January 6
QNTUSD buyers are working very hard to move the crypto price forward. The coin price may likely retest the mentioned supply level as it facing a high demand from the long traders. The Quant price retesting the $153.78 supply value is crucial as the market price is on its way to the upper resistance zone. Therefore, if the bulls could trigger their forces in the market, the price may reach the $160.00 high level and beyond.
Key Levels:
Resistance Levels: $129.00, $130.00, $131.00
Support Levels: $100.00, $98.00, $97.00
QNTUSD Long-term Trend: Bullish (Daily chart)
QNTUSD remains bullish and is also working towards retesting the $153.78 previous high on the higher time frames. 
The bullish impact on the crypto to a $138.14 supply level in the past few days has sustained its firmness above the supply levels in its recent trend levels.
As a result of price rejection today, buyers have been able to push the price of Quant higher to a $130.28 high level above the moving average lines as the daily session opens., resulting in an intraday gain for the coin buyers. Thus, if the buying pressure persists, the Quant price retesting the $153.78 is crucial.
This will enable the price to remain on the upside and rise or break to the upside. This however creates a strong area of interest for buyers.
Notably, the momentum indicator pointing upwards suggests the continuation of the bullish trend. The price of QNTUSD might retest the previous high of $153.78 value which can further extend to the $160.00 upper resistance value in the coming days in its long-term outlook.
QNTUSD Medium-term Trend: Bearish (4H chart)
The market price of QNTUSD is currently trading in the bearish market zone. This is due to the inflows from the sell traders.
The sell traders moved downward to the $125.92 support level before the end of yesterday’s session. This has made the coin price stay below the supply levels in its recent high.
However, it is likely for the price to retest the $153.78 level soon as the bulls have just resumed their rising pattern.
Actions from buyers have also increased the coin further up to the $130.07 resistance value as it journeys up north. More gains are possible if the bulls can put extra effort into the price action.
Next, the momentum indicator pointing upwards suggests the possibility of the coin retesting the $153.78 level soon which can further extend to the $160.00 upper resistance value in the coming days in its medium-term outlook.
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