The Quant (QNTUSD) Market Looks Tasty for Bulls

Quant Price Forecast: December 3
The QNTUSD market price is now in an ascending channel and with the look of things, the trend will continue in the same way.  The Quant (QNTUSD) market looks tasty for the bulls. If the bulls could push higher and the current support value at a $112.000 low value holds, the correction phase may possibly rise further to hit the $450.000 high trend line.

Key Levels:
Resistance Levels: $200.200, $200.300, $200.400
Support Levels: $112.200, $112.100, $112.000

QNTUSD Long-term Trend: Bullish (Daily chart)
QNTUSD price is in a bullish market at the moment in the higher time frame, due to the high impact of the buy traders in the order flow. Further, the price action can be seen above the EMA-9 with its wick touching the EMA-50.

An additional effort was added to the buying pressure as the coin price jumped up to a $123.519 high mark above the EMA-9, approaching the EMA-50. This suggests an uptrend and an indication that the buy traders are returning to stage a play in the market.

Hence, with the stochastic signals pointing upwards, if buyers should increase their momentum and close the daily chart above the $235.000 resistance mark, the potential bullish rally could push the price of Quant to the $450.000 supply value soon resulting in more intraday gains for the buy investors in its long-term perspective.

QNTUSD Medium-term Trend: Bullish (4H chart)QNTUSD Looks Good for the Bulls
The QNTUSD pair looks tasty for the bulls as the pair now trades in the bullish trend zone in the medium-term time frame. The coin price bars above the moving averages indicate an uptrend.

The buyer traders successfully pushed the coin market to a high from the $122.000 level to the $123.519 resistance mark above the two EMAs as the 4-hourly chart opens today; this means that the bulls are dictating the market conditions at the present. Thus, a turnaround for the crypto holders.

Meanwhile, the price of Quant may likely rise further as the bulls are seen clustered around the market as indicated by the daily signal showing an upward trend, the next target could be the $450.000 supply mark soon in its lower time frame.

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