Quant Price Forecast: November 3
The QNTUSD has been in a bullish rally in the previous action and from the look of it, it will keep growing. Hence, a further increase in the bulls’ action may trigger the coin price up and break out the previous high at the $200.000 mark, this may extend the price action to reach the $350.000 resistance trend line and beyond.
Key Levels:
Resistance Levels: $233.000, $234.000, $235.000
Support Levels: $151.200, $151.100, $151.000 
QNTUSD Long-term Trend: Bullish (Daily chart)
The momentum on the long-term outlook is still in an uptrend despite the inflows from the sell traders. The price bar can be seen slightly above the EMA-50. Thus, the bulls are capable of pushing higher from this trend line.
The bulls also hindering the market price of QNTUSD from being smashed by the bears made a ride to the $166.691 supply mark above the EMA-50 but below the EMA-9 as the daily session opens today. This implies that the buy investors still remain dominant in the market and are actually buying the coin.
Meanwhile, there is a possibility of more upsides as indicated by the price signal which is pointing upwards to indicate an upward momentum. Therefore, the bulls should add more effort to the tension in the market. The next bullish trend line target could be the $350 supply mark in the long-term perspective.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Remains in an Uptrend
Quant price is also proving positive on the lower time frame. The price remains strong above the EMA-9. This shows that the buy traders are more active in the market.
The bulls are not relenting, an increase in price to the $166.691 high value above the EMA-9 as the 4-hourly session opens today, shows that the buy traders are actually on top of the market at the moment. If the bulls should change their orientation and push the price higher, closing above the current resistance level will invalidate any further bearish thesis.
More so, the QNTUSD price will still go up as indicated by the daily stochastic which is pointing upward. We can therefore expect the new trend to reach a high at the $350 trend mark soon in its lower time frame.
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