Quant Price Forecast: November 4
QNTUSD price may possibly resume an uptrend to break up the $192.689 supply level soon. A decisive break below $154.549 would bring more losses to the coin. However, a daily candlestick above the mentioned supply level would invalidate any bearish theory. Therefore, if the buyers can put more effort into their tension in the market, a shift in trend upward will be achieved.
Key Levels:
Resistance Levels: $230.200, $230.300, $230.400
Support Levels: $154.500, $154.400, $154.300
QNTUSD Long-term Trend: Bullish (Daily chart)
The QNTUSD pair is trading in a bullish momentum in its higher time frame. This looks nice for the buying trader and signifies a buy signal. The price finds reliable resistance at around the level of $161.103, resulting in intraday gains.
The crypto’s price rises to a $161.150 supply level above the EMA-9 as the daily chart opens today. This indicates that the bulls are currently in control and remain dominant in the market price.
Next, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic. It is expected of the buyers to push the price of Quant further up to a significant level and in this case, the bullish rally might break up the $192.689 supply mark soon in its higher time frame.
QNTUSD Medium-term Trend: Bearish (4H chart)
The price of QNTUSD is in a bearish move in its medium time frame. The prices are seen slightly below the moving averages, this is due to the brief returns of sellers which may soon fade off. 
Now, the current pullback at the $161.103 supply value as the 4-hourly chart opens today indicates the return of the long traders to stage a play and dominate the market actions. Should the buyers prove strong and move the price above the previous high at the $192.169 mark, further selling pressure will be invalidated.
Hence, the Quant market is showing more upside possibilities as shown by the momentum indicator pointing upwards; we can certainly expect more gains and strength from the coin. The pair may likely grow to retest the $192.689 resistance level in the days ahead in its lower time frame.
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