Quant Price Prediction: QNT/USD Aims Fresh Rally to $105 Resistance
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Quant Price Prediction – May 23
The Quant price prediction shows that QNT will cross above the moving averages for the confirmation of the bullish movement.
QNT/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $120, $125, $130
Support levels: $85, $75, $65
QNT/USD is hovering below the 9-day and 21-day moving averages as the coin aims to cross above the 9-day and 21-day moving averages. Looking at the daily chart, the Quant price faces the upside as traders anticipate the current price movement indicating the upcoming price rally in the market.
Quant Price Prediction: QNT/USD Heads to the North
As soon as the Quant price crosses above the moving averages, the coin will claim the resistance level of $110 to face the potential resistance levels of $120, $125, and $135. Meanwhile, as the technical indicator, Relative Strength Index (14) moves to cross above the 40-level, the coin may continue and may create additional gains. On the contrary, if the bulls failed to push the Quant price to cross above the channel, the support levels of $85, $75, and $65 may come to play out.
QNT/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-hour chart, the Quant price is likely to cross above the 9-day and 21-day moving averages, and the coin could head toward the upper boundary of the channel. Nevertheless, the technical indicator Relative Strength Index (14) is also moving to cross above the 50-level as the existing buyers dominate the market.
Moreover, if the bulls keep the market price on the upside, the Quant (QNT) would hit the potential resistance level of $110 and above. On the other hand, any bearish movement back to the downside could hit the support level at $95 and below.
Place winning Quant trades with us. Get QNT here
