Quant Price Forecast: November 19
QNTUSD pair has been in a bullish rally in the previous action and from the look of it, it will keep growing. Quant (QNTUSD) Price Will Keep Growing. if buyers should triple their efforts to forecast a bullish correction pattern increase in the market above the $235.000 resistance mark, a $450.000 upper high value may be reached soon.
Key Levels:
Resistance Levels: $220.000, $220.100, $220.200
Support Levels: $95.200, $95.100, $95.000
QNTUSD Long-term Trend: Bullish (Daily chart)
The momentum on the long-term outlook is an uptrend; this is due to the high impact of the buy traders in the market.
The reactions from the bulls really made the Quant price jump to a high at the $121.707 supply value above the EMA-9 and slightly below the EMA-50 as the daily session opens today. This indicates an uptrend and more commitment on the part of the buy investors.
Thus, if the bulls should increase their price action, and bullish momentum is sustained, the cryptocurrency will rise above the resistance trend lines and may likely retest the $235.000 resistance value soon.
In addition to that, the QNTUSD market price is pointing upwards on the daily stochastic, this suggests that the coin price may possibly continue in the same direction and in this case an uptrend. This may take the coin price up to a $450.000 supply mark in the coming days in its long-term perspective.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD to Keep Growing to the Upside
On the medium-term time frame (4H) QNTUSD’s price at $121.707 supply value is seen above the moving averages lines. This is due to the high inflow from buyers; however, this will prolong the recovery phase to a key significant level above the resistance trend lines.
Hence, further upside is certain here as the Quant price remains in an upward direction on the daily signal, this means that buyers will likely continue to move the coin price up and the $450.000 resistance level might be reached soon as we sit back and watch the coin price turns to a bullish market soon in the medium-term view.
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