{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/quant-qntusd-price-shows-stability-as-it-approaches-the-116-00-upper-resistance-level\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/quant-qntusd-price-shows-stability-as-it-approaches-the-116-00-upper-resistance-level\/","headline":"Quant (QNTUSD) Price Shows Stability as it Approaches the $116.00 Upper Resistance Level","name":"Quant (QNTUSD) Price Shows Stability as it Approaches the $116.00 Upper Resistance Level","description":"Quant Price Forecast: November 13The Quant (QNTUSD) price stands out with its impressive rally just a few days ago amidst the market\u2013wide recovery in cryptocurrency. The coin price shows stability as it approaches the upper resistance level. The coin at the moment is currently recovering and facing the upper channel. Thus, if the coin closes […]","datePublished":"2023-11-13","dateModified":"2023-11-13","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/11\/QNT-MON-LNT-1.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/11\/QNT-MON-LNT-1.png","height":528,"width":1080},"url":"https:\/\/forexschoolonline.com\/quant-qntusd-price-shows-stability-as-it-approaches-the-116-00-upper-resistance-level\/","about":["Cryptocurrency","Forex Trading Tools","FX Technical Analysis","Technical Analysis","Trade Idea","Trade Setups"],"wordCount":465,"keywords":["QNTUSD","QUANT","Technical Analysis"],"articleBody":"Quant Price Forecast: November 13The Quant (QNTUSD) price stands out with its impressive rally just a few days ago amidst the market\u2013wide recovery in cryptocurrency. The coin price shows stability as it approaches the upper resistance level. The coin at the moment is currently recovering and facing the upper channel. Thus, if the coin closes above a $112.43 high mark, the accelerated buying pressure may increase the coin price to hit the $116.00 upper resistance level, and a potential buy signal.Key Levels:Resistance Levels: $108.00, $109.00, $110.00Support Levels: $95.00, $94.00, $93.00QNTUSD Long-term Trend: Bullish (Daily chart)The long-term market value of Quant shows stability as it approaches the upper resistance area as can be seen from the chart below. The coin price now trades in the upper channel of the market and confirms a bullish race. This is due to the high impact of the buy investors in the coin market.During yesterday’s session, the pair reached and held the $107.93 resistance level. This has made it possible for the coin to remain in an uptrend in its recent high.The QNTUSD buyers made an impressive move up to a $109.63 supply mark above the supply levels as the daily session began today, resulting in intraday gains. This will prolong the upward rally and fuel the release of more buy investors into the market.Notably, the price signal is currently pointing upward, suggesting a bullish move. In this scenario, Quant\u2019s price may rise and hit the $116.00 supply mark earlier than expected as the coin price shows stability while approaching the upper resistance in the long-term outlook.QNTUSD Medium-term Trend: Bullish (4H chart)Analyzing the chart below, we can clearly see that QNTUSD is in a bullish market zone. The price currently trades and shows stability above the EMA-50 as it approaches the upper resistance levels.The sustained bullish pressure at the $108.01 supply level during yesterday\u2019s session actually made it possible for the buy investors to retain the strength in its recent price level.Today, Quant buyers increase their efforts by pushing the coin price to a $109.80 resistance value above the moving averages as the 4-hour session begins and shows stability as it approaches the upper resistance region.Meanwhile, a strong push by the long traders above the current price level with a 4-hour candle closing could signify a shift in the market dynamics which would provide an opportunity for buyers to regain control and potentially drive the price of Quant towards the $112.00 high mark. Furthermore, the daily stochastic signals an uptrend, if the bulls could push harder and sustain the coin price above the $199.500 previous high, the resulting rally may surpass the $235.000 level and hit the $400.000 psychological level at the upside in the day ahead in its medium-term perspective.Place winning Quant trades with us. Get QNT here "}