Quant Price Forecast: July 26
The QNTUSD price is hereby set for an upward rally at the above-mentioned level as the coin makes its way to the upper resistance trend lines by resisting sellers. The coin price is set for another bull race after a long dip dump by the bears. In case the buying traders manage to break up the pattern’s resistance trend line at a $168.38 high value, a possible relief rally may drive the coin market price to the $400.00 resistance mark and beyond.
Key Levels:
Resistance Levels: $125.00, $135.00, $145.00
Support Levels: $100.00, $98.00, $96.00 
QNTUSD Long-term Trend: Bearish (Daily chart)
The Quant market is in a bearish trend zone in its long-term outlook as can be seen from the chart above with the price bar slightly below the two EMAs, indicating a bearish trend.
Meanwhile, it also shows the impeding next big move in the price. It seems that the bulls are about to take over and push us higher.
The coin has been having a series of dip-lows by the bears in the past few days and has sustained the price to remain below the supply levels in recent times.
Today, the buy traders made a correction at a $103.95 high value which further increases to the $103.99 supply mark below the moving averages to resume its uptrend. This indicates an established bull trend.
A breakout above the overhead trend line at the $168.38 previous resistance value could signal a change in the price trend and invalidate any further bearish moves to accelerate the recovery pattern.
Notably, the Quant price may likely continue in the same bullish trend as the market is pointing upwards on the daily signal, so, the price could be ready for a smooth upward rally continuation. In this case, a significant level above the $400.00 supply level might be reached in the nearby days in its higher time frame.
QNTUSD Medium-term Trend: Bearish (4H chart)
QNTUSD Price Set for an Upward Rally
The coin price still trades in a bearish market in its medium-term perspective; the price bar can be seen below the two EMAs.
The sell traders acted bravely during the previous session by dumping the price of Quant to a $101.13 low value which has sustained the coin price below the supply levels in its recent times.
Earlier today, the bulls’ successes fully resumed and pushed the price of QNTUSD to a high at the $103.99 trend line after the 4-hourly chart opens. Moreover, these new moves will actually strengthen the price recovery.
Hence, if the buy traders successfully keep the Quant prices above the $130.02 previous high, the target might be the $400.00 supply level soon in its medium-term outlook.
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