Quant Price Prediction: QNT/USD Could Spike Above $145 Level
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Quant Price Prediction – February 19
The Quant price prediction reveals that if bulls keep the market price above the 9-day and 21-day moving averages, it will head to the upside.
QNT/USD Medium-term Trend: Bullish (1D Chart)
Key Levels:
Resistance levels: $160, $170, $180
Support levels: $120, $110, $100
QNT/USD is hovering above the 9-day and 21-day moving averages as the market price gradually trends upward. Meanwhile, the Quant price hovers at $140.5, it could move further if the bulls increase the buying pressure and push the coin toward the $150 resistance level. On the contrary, if the bulls fail to drive the price toward the upper boundary of the channel, the Quant price could slide below the 9-day moving average and head toward the lower boundary of the channel.
Quant Price Prediction: QNT/USD Would Head to the Upside
According to the daily chart, the Quant price will follow the bullish movement where it could reclaim the resistance level of $145. Once this comes to focus, the potential resistance levels at $160, $170, and $180 could be located. But if not, crossing below the lower boundary of the channel could hit the support levels at $120, $110, and $100 so that new buyers can come into the market as the technical indicator Relative Strength Index (14) moves above the 50-level.
QNT/USD Medium-term Trend: Ranging (4H Chart)
The Quant price remains above the 9-day and 21-day moving averages but could head toward the upper boundary of the channel if the buyers increase the pressure. The technical indicator Relative Strength Index (14) moves above the 50-level, which suggests that the coin will head to the upside. Meanwhile, staying above the moving averages could prepare the buyers for the upward movement.
However, any bullish movement above the upper boundary of the channel could hit the resistance level at $155 and above. Nevertheless, QNT/USD could display some bearish signals if the market price slides and crosses below the lower boundary of the channel which could locate the critical support at $130 and below.
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