Quant (QNTUSD) Looks Good for Long at $106.96 Level

Quant Price Forecast: June 30

Today, the QNTUSD pair remains bullish and looks good for long investors at the $106.96 current price. The coin price has risen again and may continue its bullish run if the bulls increase their buying tension and surge above the $124.89 peak resistance value, the next price target could reach as high as the $130.00 upper resistance level, attracting more buyers to trade the asset.

Key Levels:
Resistance Levels: $118.00, $119.00, $120.00
Support Levels: $60.00, $59.00, $58.00

QNTUSD Long-term Trend: Bullish (Daily chart)

QNTUSD pair is positive and looks good to buy in its long-term outlook. The price responded to the shift in the market structure and is currently above the moving averages, suggesting a bullish trend.
The pressure from the bulls at the $103.02 supply value in the previous session has sustained the coin price above the supply trend levels in its recent high.

Today, the buy investors made a rally upwards to a $106.96 resistance level above the EMA-50, implying an uptrend and bullish impact on the coin. Thus, more upsides are possible as buyers are seen clustered around the market.

The Quant price is likely to continue moving upwards as we are seeing a strong turnout of buyers. Hence, a $124.89 prior resistance level might be touched.

Furthermore, the QNTUSD price may continue to remain a buy trade set-up as suggested by the daily stochastic pointing in an upward direction.

In light of this, the coin price may reach the $130.00 upper resistance trend mark, providing coin buyers with an excellent entry opportunity on the long-term outlook.

QNTUSD Medium-term Trend: Bullish (4H chart)

Upward pressure still dominates the QNTUSD pair on the medium-term outlook. The coin price looks good for a long as it maintains its bullish trend with huge volumes from the bulls. Thus, the recent market structure has favored the bulls.
The coin has been having a series of higher highs and higher lows from the past session, which has made it possible for the bulls to retain the strength in its recent high.

The bulls made a correction at the $106.96 supply value above the moving averages as the 4-hourly chart resumes today, offering a vibrant resistance to the crypto price.

Thus, a possible breakout from the current retracement at the $106.96 neckline will accelerate the buying momentum and push the Quant prices higher to hit the $123.74 previous resistance level.

Additionally, there is a possibility of a bullish breakout if the bulls add more effort to their tension in the market as the daily stochastic signal points in an upward direction.

As a result, the next target could be the $130.00 high trend mark in the medium-term perspective

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