Quant Price Forecast: November 26
QNTUSD price is in a downtrend at the moment. Meanwhile, if the forces from buyers in the market should increase and sustain the prices above the $235.00 supply level, the bullish rally may extend and plunge the coin price to the $450.000 high trend line.
Key Levels:
Resistance Levels: $200.200, $200.300, $200.400
Support Levels: $154.500, $154.400, $154.300
QNTUSD Long-term Trend: Bearish (Daily chart)
The QNTUSD price can be seen below the EMAs in the long-term outlook. This implies that the market is in a bearish mode. This is due to the brief returns of sellers which may soon fade off.
Today, the inflow from the short traders dropped the coin price to the $111.381 support value below the moving averages as the daily chart opens today. With this trend, traders can buy at a very lower price and make more gains in the future which can as well push the market forward.
Should the buyers prove strong and responsive to the shift in the market price, the price of Quant could turn upsides and move above the previous high at the $192.169 mark, this may likely stop further selling pressure.
Hence, if this is achieved by the bulls, the downside risk remained uncertain, so the next bull cycle might possibly reach the $450.000 resistance mark in its long-term outlook.
QNTUSD Medium-term Trend: Bearish (4H chart)
The price of QNTUSD is in a bearish move in its medium-term time frame. The prices are seen slightly below the moving averages, this is due to the interruption from the short traders. 
Now, the current pullback at the $111.381 supply value as the 4-hourly chart opens today indicates that the bulls are actually set to push the coin price to the upside.
It is worth of note that buyers who invest in the crypto during the bearish market will also make more gains or profits.
However, there is a possibility of a further increase in the price of Quant, if the buy traders should increase their price actions and the current support at a $111.381 level holds, a psychologically key level of $450.000 at the upside might be reached in its medium-term time frame.
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