Quant Price Forecast: March 3
QNTUSD price may possibly resume an uptrend to retest the $227.00 value soon. The price tested the multiple resistance zones near $163.14 and we expect a swift increase to follow soon. The coin might jump towards the $400.00 supply level amid renewed buying momentum if the sell traders reduce their tension in the market.
Key Levels:
Resistance Levels: $200.00, $220.00, $230.00
Support Levels: $130.00, $129.00, $128.00 
QNTUSD Long-term Trend: Bearish (Daily chart)
The Quant price is bearish on the higher time frame. The price bar is seen below the two EMAs, this is due to the high impact of the sell traders.
The high order flow from the bears at the $124.41 low value in the past few days also added to this bearishness. However, the bulls may likely turn around the market condition soon.
The price drop to the $125.87 support level below the two moving averages as the daily chart resumes today is a result of low bullish momentum. Meanwhile, there are also gains for buyers who buy the coin at this level.
Hence, from the look of things, further downwards may not likely be possible as the market is oversold already. The QNTUSD price may likely reverse at the $125.87 low value which might possibly turn upside to retest the $227.00. The next price target by the bulls may be the $400.00 high value in the coming days in its higher time frame.
QNTUSD Medium-term Trend: Bearish (4H chart)
QNTUSD Price to Retest the $227.00 Value at the Upside
At the moment, the price of QNTUSD is struggling at a critical level. The price is now facing the upside approaching the moving averages.
The market price reversal at the $128.28 supply value is an affirmation of bullish returns to the market and a possible next jump is likely. The longer the price stays far above the mentioned level, the more pressure builds up to reach a key significant level at the upside.
The Quant pair is pointing upwards on the daily stochastic. Buyers are expected to emerge and cluster around the market to push the price of the crypto forward. Following this new trend, the price might possibly retest the previous high of $227.00 and could further extend the price to the $400.00 resistance level in the days ahead in its medium-term time frame.
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