Quant Price Prediction: QNTUSD Is Stronger After the Breakout

Quant Price Forecast: January 8

The Quant price forecast is that market buyers will continue to grow stronger even as the price has broken the $115.00 barrier.

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

Key Levels:
Zones of supply: $125.25, $155.70, $227.70
Zones of Demand: $88.70, $101.30, $115.00

The Quant buyers have always had the upper hand in the market and are expected to grow stronger as they have now breached the $115.00 supply level to occupy the entire consolidation zone. Buyers are not expected to quickly test the next resistance level of $125.25 to breach the price level.

Quant Price Forecast: QNT/USD Outlook

The Quant market has always been structured for bullish movement, despite the rejection at $227.70 that led the coin to plunge into the present consolidation phase. They retain the upper hand, even in consolidation.

The coin has generated more momentum with shorter strokes by confining itself below the $115.00 resistance. The price has broken out beyond that level, and buyers will grow stronger as a result.

The MACD (Moving Average Convergence Divergence) indicator has been displaying more bullish histogram bars even in consolidation to show more bullish influence. They have crossed upward and are rising.

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

The MA Cross (Moving Average) on the daily chart has made an upward cross even as the price breaks out from below the $115.00 supply level. There are several upward crosses to confirm the same upward movement on the 4-hour chart. These are affirmations that the buyers are currently in control of the market.

The MACD lines on the 4-hour chart have risen highly above the zero level. From here, the buyers can only grow stronger and stronger. Price is expected to first hold above the $115.00 key level, which it has breached. This is before moving on to test the $125.25 resistance level with the same strength pushing for a breakout from there as well.

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