Quant Price Prediction: QNT/USD Could Spike Above $130 Resistance
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Quant Price Prediction – April 13
The Quant price prediction will recover to the upside as the coin gets ready for a cross above the upper boundary of the channel.
QNT/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $145, $155, $165
Support levels: $105, $95, $85
QNT/USD is ranging as the coin stays above the 9-day and the 21-day moving averages. Meanwhile, the market can become lower for new and existing buyers to enter the market. Meanwhile, should bulls fail to push the price upward, the Quant price may continue with the sideways movement before heading to the upside.
Quant Price Prediction: QNT/USD Would Move Higher
The Quant price will break above the upper boundary of the channel as the bulls resume into the market. Any further bullish movement above this barrier will hit the potential resistance levels of $145, $155, and $165.
On the other hand, the upward movement may be delayed if the coin slide below the 9-day and 21-day moving averages which could touch the support levels of $105, $95, and $85 support levels. Moreover, the technical indicator Relative Strength Index (14) moves above the 50-level to face the upward movement.
QNT/USD Medium-term Trend: Ranging (4H Chart)
Looking at the 4-hour chart, the Quant moves to cross above the 9-day and 21-day moving averages as the bulls need to keep moving toward the north to touch the major resistance level at $126. If the buyers push the market price above the upper boundary of the channel, it could hit the resistance level at $130 and above.
Moreover, the technical indicator Relative Strength Index (14) is likely to cross above the 60-level as new and existing buyers are expected to invest in the coin. Therefore, should the bulls fail to move the current market value above, the bears could revisit the market, and the nearest support level could be found at $120 and below.
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