Quant Price Forecast: QNTUSD Set to Break the $155 Barrier 

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RESULTS

Quant Price Forecast: January 27

The Quant price forecast is for the coin to keep mounting pressure at the $155.70 barrier level until it bursts through.

Quant Long-Term Trend: Bullish (1-Day Chart)

Key Levels:
Zones of supply: $155.70, $227.70
Zones of Demand: $88.70, $101.30

The Quant buyers are very effective. They have continued their display of strength after violating the $125.25 resistance level. Nevertheless, they got weakened midway toward reaching the $155.70 resistance level. The market then pulled back toward the former $125.25 resistance. A little tick was enough to set the price rolling back upwards. The sights are now firmly set on $155.70.

Quant Price Forecast: QNT/USD Outlook

The Quant market is full of bullish vigor and is raring to rise to higher price levels. So far, many barriers have been gradually violated, including the resistance level of its former consolidation zone.

After the breakout from consolidation, the price adjusted itself for the next milestone by pulling back toward the former resistance level and then rallying toward the $155.70 resistance level.

The price is ready to push past the $155.70 barrier level. The RSI (Relative Strength Index) line has risen to the border of the overbought region as the price puts pressure on the $155.70 level.

QNT/USD Medium-Term Trend: Bullish (4-hour chart)

On the daily chart, the RSI (Relative Strength Index) dropped out of the oversold region but remained in the bullish half of the chart. On the 4-hour chart, the RSI line is below the 50 mark but recovers immediately above the middle line as the rally begins.

The EFI power line also is seen to drop into a negative value on the 4-hour chart, but like the RSI, it has bounced back and risen into positive territory immediately. The buyers showed they only needed a little support to get back on track, as they bounced back to continue their rally. The goal is to break the $155.70 level.

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