Quant Price Forecast: December 18
Due to the high volatility in the crypto market, the Quant (QNTUSD) price can rise to the $130.00 resistance level. If the bulls can hold off the selling pressure, an increase in bull momentum could break up the resistance level at $117.76, causing the Quant price to rise to a $130.00 upper high trend line.
Key Levels:
Resistance Levels: $112.00, $113.00, $114.00
Support Levels: $99.00, $98.00, $97.00
QNTUSD Long-term Trend: Bullish (Daily chart)
On higher time frames, QNTUSD remains bullish. The bulls are making the price rise significantly and obviously, it can be seen trading above the EMA-50. This is due to the significant impact of buy investors. 
The bulls’ high order flow by the long-term traders in the past few days has contributed to this bullishness in its recent high. The coin price moved up to a $114.00 supply level above the EMA-50 as the bulls took to their stand to continue the bullish trend.
Hence, staying above the EMA-50 indicates a strong possibility for a bullish correction; this will enable the price of Quant to rise to the upper resistance area.
Further, a strong break up above the $117.76 previous resistance level would amplify the bullish pressure on the crypto.
In addition, the daily stochastic indicates an upward trend, implying that buy investors will most likely continue with the bullish correction pattern to retest the $117.76 high value, potentially extending the Quant price to rise to the $130.00 upper resistance mark shortly in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD to Increase to the $130.00 Resistance Level
The Quant price is currently in a bullish market. Furthermore, the coin price is set to rise to the upper resistance level soon, as we can see the price trading above the EMA-50, indicating an uptrend.
The bulls’ high inflow in the past few hours has sustained the crypto price to rise above the supply levels in its recent high.
As of the time of writing this article, the bulls have reached the resistance level of $114.60 above the EMA-50. However, the buy traders were unable to relent, as they hoped to drag the price even higher to a significant level.
Notably, the bullish correction is about to rise further above the mentioned supply level as indicated by the daily signal pointing upwards. Thus, the $130.00 upper resistance level might be the target in its medium-term outlook.
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