Quant Price Forecast: May 8
The QNTUSD price may likely increase further, provided buyers don’t give up and increase their momentum pressure in the market. In case buyers manage to break up the pattern’s resistance trend line at the $113.67 high value, a possible relief rally may swing up the coin market price to the $400.00 resistance mark and beyond, which indeed will be a turnaround for the coin holders.
Key Levels:
Resistance Levels: $170.00, $180.00, $190.00
Support Levels: $111.00, $110.00, $109.00 
QNTUSD Long-term Trend: Bearish (Daily chart)
The Quant price is bearish on the daily chart. The price bar can be seen slightly below the two moving averages, this is due to the high impact from sellers.
The high order flow from the bears to the $111.54 during yesterday’s session also added to this bearishness. However, the bulls are now set to further swing up the coin price to the upper resistance zone.
The current price of the QNTUSD at the $113.67 high level below the two EMAs as the daily session opens today indicates a pullback and the return of the bulls to the market to dominate the market conditions. This gives room for a more bullish impact on the market at the moment.
Therefore, if the bulls should add more aggression to their activities in the market, its previous high of $163.14 level might be tested soon.
Adding to this, there is a tendency for the coin to rise further, if the support level holds, this will enable buyers to swing up the crypto’s price up to a high of $400.00 soon in its long-term perspective.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD is showing a more bullish impact in its medium-term time frame. The bulls are having the market at their disposal at the moment. 
The bullish pressure at the $113.46 supply level in the past few hours has sustained the coin price above the trend levels in its recent high.
The Bulls made an aggressive move up to the $113.25 resistance level above the EMA-9 shortly after the 4-hourly chart opens today. This however makes it capable for the coin to rise further. Trading above the moving averages will enable the market value of Quant to keep pushing up.
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 break above the current resistance trend line, a bullish trend continues to the overhead resistance of $400 is possible soon in the medium-term outlook time frame.
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