Quant Price Forecast: September 13
It is about time for the Quant price to swing to the upside; as a result, the crypto buyers may likely hold the current support at 93.30 levels soon to stop any additional decline as the market has reached the bearish exhaustion. The crypto may likely finish the dip-lows and resume the upside moves soon if the mentioned support value holds. Further increase in the bulls’ pressure may break the $134.86 previous barrier and this may swing the price up to a $300.00 high level.
Key Levels:
Resistance Levels: $110.00, $120.00, $130.00
Support Levels: $94.00, $93.00, $92.00 
QNTUSD Long-term Trend: Bearish (Daily chart)
The Quant market is in a bearish trend in its long-term outlook. The prices are seen below the two EMAs, indicating a bearish trend.
The market has been slowed down in recent times due to the interaction from the bears in the previous action. However, there is about to be a hold on the current trend as the selling pressure seems exhausted.
Today, actions from the sell traders further dropped the price of QNTUSD down to a $93.30 low level below the supply trend lines as the daily chart opens. Moreover, the buyers’ failure to offer a follow-up to the breakup candle also adds to some weakness in bullish momentum.
Hence, should buyers step into this uncertainty, the coin price may rise above the $134.86 previous swing high which will stop any further decline.
Notably, the current support at $93.30 will hold soon for a possible reversal as indicated by the daily stochastic trading below the 20% range. This will compel the buy traders to resume the uphill trend. Hence, a significant level of $300.00 supply level might be reached in the days ahead in its higher time forecast.
QNTUSD Medium-term Trend: Bearish (4H chart)
On the medium-term time frame (4H) QNTUSD’s price at $93.30 support value is seen below the moving average lines. This is due to the high inflow from sellers; however, the current support will soon be held as the market is oversold already.
The sustained bearish pressure at the $97.45 support value has made the crypto price drop below the supply levels in its recent low.
The price of Quant at a $93.30 low value below the two EMAs as the 4-hour chart opens today is a result of low bullish momentum.
Should the coin price turn up from the $93.30 support level and jump above the $104.79 high mark, the bearish thesis would get invalidated.
Additionally, the QNTUSD buyers may hold the $93.30 support value soon as the market now points up in the oversold region of the daily stochastic. This means that the selling pressure is unlikely, thus, the upcoming bullish rally may likely hit the 300.00 high mark in the coming days in the medium-term outlook.
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