Quant Price Forecast: September 30
The market price of QNTUSD price will rise further following the recent pullback at the $88.99 supply value in the past session. If the long investors could prove stronger up more, the coin price might increase or rise further to revisit the $133.79 high mark, and its upsides could extend further to the $200.00 upper high mark and beyond. Hence, a great opportunity and a clear buy signal for long-term investors.
Key Levels:
Resistance Levels: $110.00, $115.00, $120.00
Support Levels: $91.00, $90.00, $89.00
QNTUSD Long-term Trend: Bullish (Daily chart)
Despite the moves from the short traders, the QNTUSD pair is in a bullish trend zone on the daily chart trading above the EMA-9; this however confirms its bullishness. Meanwhile, the current price will rise further as the market selling pressure has now reached exhaustion.
Pressure from the long traders to a $88.99 high level in the last session has contributed to its bullishness in its recent high.
The strong push by buyers to the $90.99 resistance trend line above the EMA-9 as the daily chart opens today shows that the buying activities are rising. Thus, if the long traders could break above the $133.79 previous supply mark, the bearish thesis will be invalidated.
Adding to this, the price of Quant will rise further and more upsides are likely as the market remains upward on the daily stochastic. This will compel the buy traders to continue with the upside, in light of this, the price might likely reach a $200.00 supply level in the days ahead in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD Price Will Rise Further
At the time of writing this article, the QNTUSD pair is in a bullish movement zone in its medium-term outlook. The price bar can be seen above the supply trend levels. Further, staying above the EMAs will enable the coin to rise further.
The bulls’ action to a $88.99 high level in the previous session has led to the crypto price staying above the supply levels in its recent high.
Just after a few minutes of the opening of the 4-hour chart, buyers made a corrective move to a $90.99 supply value to resume its uptrend. This will actually encourage the buy traders to invest in the crypto, as possible future gains are certain.
A strong push by the long traders above the $104.79 previous high point with a 4-hour candle closing could signify a shift in the market dynamics. Such a breakthrough would provide an opportunity for buyers to regain control and potentially drive the price of Quant toward the upper resistance territory.
Additionally, a further rise in the market price of the crypto is possible if the bulls could prove stronger and add more effort to their buying motives. The Quant market price could rise further to hit the $200.00 resistance level soon in its medium-term time frame.
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