Quant Price Prediction: QNT/USD Touches $106 Support as Bulls Gather Momentum
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Quant Price Prediction – March 9
The Quant price prediction shows that QNT may create a low at $106 as the market price dips for new buyers to come to play.
DEFC/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $145, $150, $155
Support levels: $80, $75, $70
QNT/USD is currently trading at $109.27 below the 9-day and 21-day moving averages. The sellers are bringing the Quant price towards the south as this could allow the new buyers to step into the market while the existing buyers are expected to buy the dips.
Quant Price Prediction: DEFC Price Prepares For A Bullish Cross
The Quant price is getting inexpensive for more buyers to enter the market. The coin could drop more as the technical indicator Relative Strength Index (14) remains within the oversold region as this is the best time to buy. Meanwhile, the coin will experience new buyers coming into the market, but any further support could be located at $80, $75, and $70 respectively.
Nevertheless, should buyers hold the current level at $109 and push the coin above the 9-day and 21-day moving averages; the bulls can expect immediate resistance to be located at $130. Any further bullish movement toward the upper boundary of the channel could hit the resistance level of $145, $150, and $155.
DEFC/USD Medium-term Trend: Ranging (4-Hour Chart)
On the 4-hour chart, the Quant price remains below the 9-day and 21-day moving averages; this is giving the new buyers the opportunity to enter the market and the existing buyers to buy the dips.
Looking at it above, if the buyers push the price above the 9-day and 21-day moving averages, the potential resistance level could be found at $125 and above. Meanwhile, should the coin slide below the lower boundary of the channel, another support may come at $100 and below as the technical indicator Relative Strength Index (14) moves into the oversold region.
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