Quant Price Forecast: April 5
QNTUSD price may likely turn upside soon and the pair can experience another bullish reversal price action for another upward move potential. If the forces from buyers in the market should increase and the current support level at $120.99 holds, the coin price may retest the $227.00 previous swing high and this may extend to the $450.00 upper high mark and beyond.
Key Levels:
Resistance Levels: $220.00, $230.00, $240.00
Support Levels: $150.00, $140.00, $130.00 
QNTUSD Long-term Trend: Bearish (Daily chart)
Quant price is in a bearish market at the moment in its higher time frame. Further, the coin is trading below the moving averages.
The price drop to the $123.00 low value during the previous action has made the coin price trade below the supply levels in its recent low.
The bearish pressure further dropped the coin price down to the $120.99 support value below the moving averages as the daily chart resumes today. Further, investors who buy the coin during a massive drop will also make gains in the future.
Furthermore, the market price of QNTUSD now approaches the oversold region; this means that the coin price may likely experience a retracement at the current support.
Should the coin price turn up from the $120.99 support and jump above the $227.00 supply mark, the bearish thesis would get invalidated and may further extend the price of Quant to the $450.00 upper resistance level in the days ahead in its higher time frame.
QNTUSD Medium-term Trend: Bearish (4H chart)
The currency pair is trading in a bearish market in its medium-term outlook. This is due to the high influence of the sell traders. 
The bearish pressure at the $124.30 support level in the past few hours has made the coin stay below the supply trend levels.
The market price of QNTUSD which dropped down to the $124.04 low level below the moving averages suggests a downtrend in the context of the strength of the market. Thus, should the bulls increase their buying pressure and challenge the bears at the mentioned support value, the coin price could turn upside to retest the $134.86 previous high.
Next, the pair is facing the oversold region of the daily stochastic. It indicates that the pair may soon experience a price reversal at the $124.04 low value; we will now be looking into the emergence of buyers in the oversold region of the market. If this is achieved, the price of Quant might turn upside to hit the $450.00 resistance level in the days ahead in its medium-term outlook.
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