Quant Price Forecast: May 31
The Quant (QNTUSD) price may likely swing up to the mentioned above level and 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 $163.14 high value, a possible relief rally may drive the coin market price to the $400.00 upper resistance level and beyond, which indeed will be a turnaround for the coin holders.
Key Levels:
Resistance Levels: $180.00, $190.00, $200.00
Support Levels: $109.00, $108.00, $107.00 
QNTUSD Long-term Trend: Bullish (Daily chart)
The momentum on the long-term outlook is still in an uptrend despite the inflows from the sell traders. The price of Quant can be seen slightly above the EMA-9. Thus, the bulls are capable of pushing higher from this trend line.
The high order flow from the bulls to the $107.97 level during yesterday’s session also added to this bullishness. However, the bulls are now set to further swing up the coin price to the upper resistance zone.
The current price of the pair at the $108.32 high level above the EMA-9 as the daily session opens today indicates an uptrend in the context of the strength of the market. This gives room for a more bullish impact on the market at the moment.
The long-term traders can grab this short bullish upswing to the overhead resistance, but the fate of QNTUSD’s near future price depends on the range breakout.
Adding to this, there is a tendency for the coin to rise further, if the support level holds, this will enable buyers to take the crypto price up to a high of $400.00 soon in its long-term perspective.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Swing Up to the $400.00 Level
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 $107.97 supply level in the past few hours has sustained the crypto price above the trend levels in its recent high.
The bulls made an aggressive move up to the $108.06 resistance level above the two EMAs shortly after the 4-hourly chart opened 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 $400.00 is possible soon in the medium-term outlook time frame.
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