Quant Price Prediction: QNT/USD Consolidates to Shoot Above $123 Level
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Quant Price Prediction – January 13
The Quant price prediction shows that QNT may be facing moderate volatility before crossing above the upper boundary of the channel.
QNT/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $165, $175, $185
Support levels: $85, $75, $65
QNT/USD is trading around the $122.3 level below the 9-day and 21-day moving averages. As the coin consolidates within the channel, the closest support could be located below the moving averages. Meanwhile, if the bullish movement increases, the nearest resistance level of $125 could be found.
Quant Price Prediction: QNT Price Will Face the Upside
The Quant price will begin to create bullish trends once the sideways movement fades away, and this is noticeable for the technical indicator Relative Strength Index (14) as the signal line moves to cross above the 60-level.
At the time of writing, the Quant is moving moderately within the channel, but if the coin decides to cross below the 9-day and 21-day moving averages, it could touch the nearest support level of $120. However, any further bearish movement can hit the supports at $85, $75, and $65, while the resistance levels can be located at $165, $175, and $185 respectively.
QNT/USD Medium-term Trend: Bullish (4H Chart)
The Quant continues to hover around the 9-day moving average. However, the nearest resistance could be found at around $125. Meanwhile, if the QNT price crosses below the 21-day moving average and heads toward the lower boundary of the channel, QNT/USD can create a critical support level at $117 and below.
On other hand, any bullish movement above the upper boundary of the channel could reach the potential resistance level of $128 and above. But according to the chart, the technical indicator Relative Strength Index (14) moves to cross below the 60-level, this could be suggesting a bearish movement for the coin which is the best time for buyers to buy the dips.
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