Quant Price Forecast: January 27
The QNTUSD having rebounded will most likely surge higher to retest the $155.57 high mark, and continue its bullish correction. Therefore, if the bulls could trigger their forces in the market, and the price closes above the mentioned supply trend line; this will trigger the buying opportunity for traders.
Key Levels:
Resistance Levels: $105.00, $106.00, $107.00
Support Levels: $99.00, $98.00, $97.00
QNTUSD Long-term Trend: Bearish (Daily Chart)
The QNTUSD pair is currently trading in the bearish market zone in its long-term outlook. The bulls are also trying and will not allow the support level to stay. 
The price is now on its way up to the resistance area and may surge higher to retest the previous high of $155.57 value to invalidate the bearishness. A good crypto signal for the coin investors will be attained if this is achieved.
The drop in the coin price to the $100.00 low value on the 23rd of January has made the price stay below the supply levels in its recent price action.
The Quant price on the daily chart today is currently facing resistance and trading at the $107.71 correction level. Further, the rising prices reclaimed more confirmation for a bullish recovery.
Should the bulls increase their pressure, the resistance level of $107.71 may not hold and it may surge higher to retest the $155.57 high level and beyond.
Hence, with the price pointing upwards on the daily stochastic, it means that further upside is certain. It is therefore expected that the buy investors will move the price of QNTUSD up and may likely surge higher to retest the $155.57 soon in its higher time frame.
QNTUSD Medium-term Trend: Bearish (4H Chart)
The coin trades below the EMA, indicating a bearish trend on the 4-hour chart. However, the market is presently facing resistance at the recent high and this may surge higher to retest the previous high of $155.57 value to subdue the bearish thesis.
The increase in momentum by the bears to the $105.51 high value in the previous action has made the crypto remain in a bearish zone in its recent price level.
The bulls’ action increases the price of Quant up to the $107.71 resistance level below the EMA line even as the 4-hourly session opens today.
Thus, the bullish correction at the mentioned supply value returns the buy investors to the market for the next increase race and this may surge the price higher to retest the previous high at the $154.00 level which could initiate a new recovery phase.
In addition, the daily stochastic indicates an upward trend, this means that the buy investors may likely continue with the bullish correction pattern which may surge higher to retest the $155.57 high value to reach the $160.00 resistance mark in the latter days in its medium-term outlook.
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