Quant Price Forecast: August 26
The QNTUSD pair shows stability as it approaches the previous high level amid market recovery. The crypto is potentially accelerating in buying pressure and an opportunity for long investors. Having finished the down south journey, the cryptocurrency might continue its upward trajectory if the current support level at $60.67 holds and the daily chart closes above the resistance level at $143.00. Then, there is a high probability of the price going up to its recent swing high
at the $150.00 resistance trend line.
Key Levels:
Resistance Levels: $90.00, $100.00,$110.00
Support Levels: $85.00, $80.00, $75.00
QNTUSD Long-term Trend: Bullish (Daily chart)
The QNTUSD pair shows stability above the supply levels as it approaches its previous resistance, preparing to grow more in its higher time frame as seen from the chart below. The coin price is above the supply levels, indicating an uptrend. 
The persistent bullish pressure to a $70.91 high mark in the previous action has enabled the crypto to show stability above the supply trend line in its recent high.
Today, due to high commitment from the bulls, the Quant price shows stability above the EMA-50 at the $71.57 resistance level as the daily session opens.
As the coin goes north, buying activity has also driven it higher, reaching the $71.90 resistance level. If the bulls exert additional pressure on the price action, more gains could be achieved as the coin shows stability as it approaches the overhead resistance.
Next, the momentum indicator pointing upwards suggests the stability of the bullish trend, as it approaches the previous high level.
Thus, the next price target might be the $150.00 supply value in the coming days as it shows stability approaching the crucial resistance level in its long-term outlook.
QNTUSD Medium-term Trend: Bullish (4H chart)
The Quant price is trending upwards while it shows stability as it approaches the overhead resistance. The coin remains bullish in its medium-term outlook due to the high inflow from long investors.
The increase in the momentum by the bulls at the $70.94 supply value before the end of the last session has enabled the QNTUSD price to show stability and remain strong above the resistance lines in its recent high.
At the press time, the market price of QNTUSD shows stability as it approaches the overhead resistance above the EMA-50 at $71.90 as the 4-hourly chart opens today, giving the crypto a high tendency to rise further.
Furthermore, the daily stochastic signals an uptrend, if the bulls could push harder and sustain the Quant price above the $71.90 current level, the resulting rally may surpass the $150.00 level and hit the $160.00 psychological level at the upside in the day ahead as it shows stability and approaches the overhead resistance in its medium-term perspective.
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