Quant Price Prediction: QNT/USD Can Sustain Gain Above $125 Level

Quant Price Prediction – January 11

The Quant price prediction shows QNT getting ready to cross above the upper boundary of the channel after touching the $117 support.

QNT/USD Long-term Trend: Ranging (1D Chart)

Key Levels:

Resistance levels: $160, $170, $180

Support levels: $90, $80, $70

QNT/USD is ready to reclaim the $120 resistance level as the coin moves to cross above the upper boundary of the channel. The Quant price is currently trading at $118.2 after recovering from the daily low of $117.5; it could probably retest this level again before rising higher.

Quant Price Prediction: QNT Price Will Hit Higher Levels

The Quant price will soon cross above the upper boundary of the channel, a break above this barrier will encourage more buyers to increase their entries, which could hit the resistance levels of $160, $170, and $180. On the downside, if the price breakdown and face the lower boundary of the channel, the downside pressure may increase and the next support levels could be created at $90, $80, and $70 respectively. The technical indicator Relative Strength Index (14) nosedives below the 60-level, to allow more buyers to come into the market.

QNT/USD Medium-term Trend: Bullish (4H Chart)

The Quant is sliding below the 9-day and 21-day moving averages as the coin faces the south. Meanwhile, any bullish movement above the upper boundary of the channel will encourage the buyers to extend the rally toward the resistance level of $125 and above.

However, the continuation of the bearish drop towards the lower boundary of the channel could hit the support level of $113 and below. Meanwhile, there is a possibility that the Quant will begin the upward movement if the technical indicator Relative Strength Index (14) crosses above the 60-level.

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