Quant Price Forecast: April 15
QNTUSD may likely retest the mentioned supply level as it is about to resume its bullish race. Cryptocurrency is trying hard not to fall heavily to the downside. Therefore, if the bulls could trigger their forces in the market, the price is poised to retest the $155.57 resistance mark which could further reach the $160.00 high level and beyond.
Key Levels:
Resistance Levels: $104.00, $105.00, $106.00
Support Levels: $97.00, $96.00, $98.00
QNTUSD Long-term Trend: Bearish (Daily chart)
The Quant price is making an uptick movement below the supply level to retest the crucial point on the daily chart. The price bars can be seen in green below the moving average. This is due to the high inflow of the sell traders. 
The sustained bearish pressure with a long bearish candle at the $98.65 support value during yesterday’s session has made the crypto price remain below the supply trend levels in its recent price level.
Amidst the recent sell-off in previous action, the QNTUSD price climbed up to the $106.58 mark, trying to replenish the bullish momentum.
Thus if this bullish growth pattern is steady, the coin price could rise speedily to retest the $155.57 previous supply level, resulting in an established uptrend.
Meanwhile, the price of Quant which is pointing up on the daily signal implies that the price is still going up and this may lead to a retest of $15.57 value which may further expose a $160.007 resistance level in the coming days in its higher time frame.
QNTUSD Medium-term Trend: Bearish (4H chart)
QNTUSD Price Retesting the $155.57 Resistance Level
The currency pair is correcting, and the price is likely to retest the upper high level soon in its medium-term outlook. The coin is trading below the moving averages, an indication of a bearish market sentiment.
The bears’ pressure on the crypto in the past few hours has dropped the price below the supply trend lines in recent times. Hence, the QNTUSD buyers are making a new correction and this is prone to retest the previous high soon.
A rise to a $106.57 high level below the EMA-50 shortly after the 4-hourly session opens today affirms the returns of the long traders into the market. Thus, the price of Quant is set to retest the previous supply level if the bulls can redouble their efforts and push above the current supply level.
Notably, the stochastic oscillator which is also pointing upwards means that the price of Quant is in an uptrend. We can certainly expect the coin price to retest the $148.78 supply level which might increase further to a $160.00 upper supply level in the coming days in its medium-term perspective.
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