Quant Price Forecast: November 6
The QNTUSD price is increasing suggesting that the investors have regained confidence in the market. The coin may likely increase further, provided buyers don’t give up and increase their buying momentum in the market. In case buyers manage to break up the pattern’s resistance trend line at the $112.43 high value, a possible relief rally may drive the coin market price to rally up to the $116.00 resistance mark and beyond, which indeed will be a turnaround for the coin holders.
Key Levels:
Resistance Levels: $101.00, $102.00, $103.00
Support Levels: $90.00, $89.00, $88.00
QNTUSD Long-term Trend: Bullish (Daily chart)
The Quant price is bullish on the higher time frame. The price bar can be seen above the moving average and this may rally up to the upper resistance level as the bulls took to their stand to be relevant in recent times.
The high order flow from the bulls to the $105.32 on the 1st of November also added to this bullishness. However, the bulls are now set to further rally up the coin price to the upper resistance zone.
After completing the low dips by the short traders at the $95.45 low value, Quant buyers made a corrective move to a $100.47 high level above the EMA-50 as the daily session opens today, this indicates an uptrend in the context of the strength of the market and gives room for a more bullish impact in the market at the moment.
The long-term traders can grab this short bullish upswing to the overhead resistance, but the fate of QNTUSD’s near future price depends on the range breakout.
Adding to this, there is a tendency for the coin to rise further, if the support level holds, this will enable buyers to take the crypto price and rally up to a high of $116.00 soon in its long-term perspective.
QNTUSD Medium-term Trend: Bearish (4H chart)
The momentum on the medium-term outlook looks bearish but it is starting to rally up and turn bullish as can be seen from the chart now. 
The price of QNTUSD is currently trading at the resistance close to the EMA-50. So it seems likely that the bulls are about to take over and rally up to the overhead resistance soon.
The price drop to the $94.45 low value during the previous action has made the coin price trade below the supply levels in its recent low.
The bulls caused a rise to a $100.47 high level below the EMA-50 shortly after the commencement of the 4-hour chart opens today. Thus, buyers need to add more pressure to their activities to move the market beyond the current price level.
Therefore, a 4-hour candlestick closing above the $109.81 high mark is important to confirm a bullish breakout.
Similarly, the price signal which is pointing upwards indicates that the trend will remain in an uptrend, if buyers should intensify their tension in the market and the prices rally up above the current resistance trend line, a bullish trend continuation to the overhead resistance of $116.00 is possible soon in the medium-term outlook time frame.
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