Quant Price Forecast: May 29
The QNTUSD pair is facing an increase in buying pressure. The coin price may likely skyrocket to the above-mentioned supply and could continue to rise upward if it breaks up the $163.14 previous resistance value and the daily candle closes above the mentioned resistance. The $400.00 upper supply level might be the target. Thus, a turnaround and a clear buy signal for the coin investors.
Key Levels:
Resistance Levels: $170.00, $180.00, $190.00
Support Levels: $106.00, $105.00, $104.00 
QNTUSD Long-term Trend: Bearish (Daily chart)
The Quant market is in a bearish trend in its long-term outlook. The price bar can be sighted below the supply levels indicating a bearish market.
The coin having dropped down to a low at the $97.74 level during yesterday’s session has been rejected by the bulls at the moment.
Today, commitment from the bulls now retraced the price of QNTUSD from the mentioned support to a $100.34 high mark below the two EMAs; this assures or confirms the bull’s gradual return to the market. The longer the price stays above the mentioned level, the more pressure builds up to reach a key significant level at the upside.
However, with the daily stochastic pointing in an upward direction, this means the bulls may likely continue with the trend.
Therefore, if buyers should intensify their tension in the market and the prices break above the $163.14 resistance trend line, a bullish trend continuation to the overhead resistance of $400.00 is possible soon in the long-term perspective.
QNTUSD Medium-term Trend: Bullish (4H chart)
Despite the interference of sellers in the price flow, the market of QNTUSD shows a bullish race. The prices are above the EMA-9 approaching the overhead resistance level and have confirmed a bullish momentum breaking the previous high. 
Pressure from the bulls at the $101.20 high value in the past few days has sustained its upward stability in its recent high.
After completing the low dips at $97.37 by the shot traders, increase momentum by the bulls moves the market price of Quant to the upside at the $100.34 resistance level above the EMA-9 as it journeys up north. A possible breakout from the mentioned supply level will provide a higher float for buyers and prolong the ongoing recovery.
Hence, QNTUSD is showing more upside possibility as indicated by the daily stochastic pointing upward; we can certainly expect more gains and strength from the coin. The pair may likely reach the $400.00 resistance level in the days ahead in its medium-term perspective.
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