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Quant (QNTUSD) to Retest a $350.000 High Mark Soon

Johnathon Fox
10/19/2022 | UPDATED ON: 10/19/2022

Quant Price Forecast: October 19
QNTUSD remains bullish and also trades in an uptrend at the moment despite the moves from the short traders. This bullish correction phase is due to the high impact of the bulls. Therefore, if the buy investors should add more strength to their inflows in the market and closes above the $255.00 supply value, the crypto price may extend towards the $350.000 upper high value.

Key Levels:
Resistance Levels: $233.000, $234.000, $235.000
Support Levels: $193.000, $192.000, $191.000
QNTUSD remains bullish and also trades in an uptrend at the moment despite the moves from the short traders.QNTUSD Long-term Trend: Bullish (Daily chart)
According to the chart below, we can see vividly that Quant price is in an upward movement and showing a bullish posture as well. Prices are above the EMAs and have confirmed a bullish momentum breaking the previous high at a $199.500 high level.

The Quant coin price has been rising for seven consecutive days and has registered significant growth above the supply trend line.

Today, the altcoin price at a $194.671 low value which is above the moving averages as the daily session begins, is an indication that the buyers are still in charge and also dominant in the coin market.

Meanwhile, staying and trading in the upper rising channel will give the buyers the tendency to influence the price of QNTUSD, therefore should the bulls change their orientation and push higher, the price may likely face the upside and test the $350.000 resistance level in the days ahead in its higher time frame.

QNTUSD Medium-term Trend: Bullish (4H chart)QNTUSD remains bullish and also trades in an uptrend at the moment despite the moves from the short traders.QNTUSD Retesting the $350.000 High-Level Soon
The Quant price is in a bullish market arena in its medium-term time frame. The price is gathering momentum, and it has decided to face the upsides to achieve more gains.

The coin made a correction move to a $193.195 high level, indicating more active buyers coming back into the market to push the crypto further to the upside.
This bullish breakout offers suitable footing for buyers, which may prolong this rally up and higher to reach the upper resistance trend line.

The daily stochastic also shows that the market is oversold and ready for a buy. This will enable the buyers to aggressively push the price of the QNTUSD coin up and the $350.000 upper resistance value might be the target soon in its medium-term outlook.

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
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