Quant Price Forecast: April 26
QNTUSD remains strong above the $110.96 supply value. The coin price will keep rising based on the outlook. The coin has been in a bullish rally in the previous action and from the look of it, it will keep growing. Hence, a further increase in the bulls’ action may trigger the coin price up and break out the previous high at the $168.38 mark, this may extend the price action to reach the $450.00 upper resistance trend line and beyond.
Key Levels:
Resistance Levels: $188.00, $198.00, $208.00
Support Levels: $106.00, $105.00, $104.00
QNTUSD Long-term Trend: Bullish (Daily chart)
QNTUSD is in a bullish scenario as seen on the daily chart above. Sellers are in a panic as the prices remain above the moving averages, confirming an uptrend.
The sustained bullish pressure at the $107.00 supply value has made it capable for the crypto to remain strong above the supply trend levels in its recent high.
Earlier today, the bulls made a smooth ride up to a $114.86 high mark, above the EMA-9 approaching the upper resistance area; this signifies that the buy investors still remain dominant in the market and are actually buying the coin.
Thus, should the bulls change their orientation and the buying pressure persists, the coin might possibly give a bullish breakout of the current resistance to retest the $168.38 supply level soon.
Similarly, the Quant price may likely continue its journey up north as indicated by the daily stochastic pointing in an upward direction. This may eventually lead the QNTUSD price to the
$450.00 high mark in the coming days in its long-term perspective.
QNTUSD Medium-term Trend: Bullish (4H chart)
QNTUSD is in a bullish race in the medium-term outlook. Buyers also moved upward to the $116.81 resistance level before the end of yesterday’s session. This gave the bulls more strength to continue with the uptrend.
The bulls are not relenting, an increase in price to the $114.86 supply value above the EMAs-9 as the 4-hourly session opens today, shows that the buy traders are actually on top of the market at the moment.
Meanwhile, the current price shows a power struggle at the overhead resistance trend line, resisting the start of another bear cycle.
In addition, if the buy traders should increase their price action, and bullish momentum is sustained, the Quant price may likely pump up to a significant level at a $450.00 value and beyond at the upside in the days ahead in its medium-term perspective. This signals a BUY trade again in its medium-term time frame.
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