Quant Price Forecast: July 1
There is possibility for the QNTUSD price swinging up to the $400.00 high value and keep rising as the coin is on its way to new resistance trend levels. The coin price may likely continue with the high hike provided buyers don’t give up and increase their momentum pressure in the market. The coin might turn upsides further to hit the $163.14 previous swing high which could lead the market price to the $400.00 upper high level and beyond.
Key Levels:
Resistance Levels: $140.00, $150.00, $160.00
Support Levels: $98.00, $97.00, $96.00
QNTUSD Long-term Trend: Bullish (Daily chart)
Despite the interruptions from the short traders, Quant market still maintains a bullish trend in its long-term outlook.
The price bars can be seen slightly above the EMA-9. The bulls could not stop investing on the coin, so the general sentiment regarding the coin is bullish.
The bulls’ pressure on the cryptocurrency to the $107.49 resistance level in the past few days has made it possible for it to retain its upward growth in its recent time.
After completing the dip-lows by sellers, an additional effort was added by the bulls and the price of QNTUSD jumped up to a $106.55 high mark above the EMA-9 as the daily chart opens today. This suggests an uptrend and as well as an indication that the buy traders are really responding to the price actions in the market.
With a sustainable buying pressure, a break above the previous swing high of $163.14 would increase the bullish momentum and put the coin market more on a buying point.
Notably, more upsides are anticipated in the meanwhile because the price signal is pointing up on the daily stochastic.
As a result, the upward rally will continue and is likely to hit the $400.00 supply value soon in the days ahead in its higher time perspective.
QNTUSD Medium-term Trend: Bullish (4H Chart)
The Quant market also trades in a bullish trend market in the medium-term outlook. The coin prices are traded above the two EMAs. This is due to the high impact from the long-term traders in the price flow. 
The sustained bullish pressure to the $106.30 high level in the previous action has led to the coin recent high.
The bulls made an aggressive move up to the $106.55 resistance level above the two EMAs shortly after the 4-hourly chart opens today. This however makes it capable for the coin to rise further. Trading above the moving averages will enable the market value of QNTUSD to keep pushing up.
In addition to that, the daily stochastic indicates an uptrend, if the bulls should add more aggression to their activities in the market; $400.00 resistance level might be reached soon in its medium-term perspective.
Place winning Quant trades with us. Get QNT here
Leave a Reply