Quant Price Forecast: November 14
QNTUSD price will turn upside and move higher above the current supply level if buyers should triple their efforts to forecast a bullish correction pattern increase in the market above the $235.000 resistance mark, $450.000 upper high value may be reached soon.
Key Levels:
Resistance Levels: $233.000, $234.000, $235.000
Support Levels: $107.200, $107.100, $107.000 
QNTUSD Long-term Trend: Bearish (Daily chart)
The momentum on the long-term outlook is a downtrend; this is due to the involvement of the short traders in the order flow. Thus, this will soon end as the selling pressure is exhausted.
The reactions from the short traders really made the Quant price drop to a low at the $107.716 value below the moving average lines. Though, traders who buy in the bearish market will also make more future gains.
Thus, if the bulls should increase their price action, and bullish momentum is sustained, the cryptocurrency will resume an upside momentum and the market value may likely retest the $235.000 resistance value soon.
In addition to that, the QNTUSD market price is pointing upwards below the 20% range of the price indicator, this suggests that the coin price is oversold and the bullish correction phase may possibly resume sooner. 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: Bearish (4H chart)
QNTUSD to Face the Upside Soon
On the medium-term time frame (4H) QNTUSD’s price at $107.716 support value is seen below the moving averages lines. This is due to the high inflow from sellers; however, this will be stopped soon. Traders may use this opportunity to buy the coin at a lower rate as the market turn bullish soon.
Hence, further upside is certain here as the Quant price is in the oversold region, this means that buyers will emerge soon to take us high, and the $450.000 resistance level might be reached as we sit back and watch the coin price turns to a bullish market soon in the medium-term view.
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