Quant Price Prediction: QNT/USD Drops Below $152 Level, What Next?
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Quant Price Prediction – January 30
The Quant price prediction is likely to create a low at $140 if the price dips more for new buyers to surface.
QNT/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $175, $185, $195
Support levels: $125, $115, $105
QNT/USD is currently trading at $144.1 within the 9-day and 21-day moving averages. The daily chart reveals that the sellers are bringing the Quant price towards the south as this could allow the new buyers to step into the market while the existing buyers are expected to buy the dips.
Quant Price Prediction: QNT Price Could Retreat to Move Higher
The Quant price is now low for more buyers to enter the market, the coin will drop more as the technical indicator Relative Strength Index (14) moves to cross below the 50-level. Meanwhile, the Quant price will experience new buyers coming into the market, but any further supports could be located at $125, $115, and $105 respectively.
However, should buyers hold the current support of $142.4 and push the coin higher; the bulls can expect immediate resistance to be located at $160. Any further bullish movement above the upper boundary of the channel could hit the resistance levels at $175, $185, and $195.
QNT/USD Medium-term Trend: Ranging (4-Hour Chart)
On the 4-hour chart, the Quant price remains below the 9-day and 21-day moving averages, this will allow new buyers to come into the market. Nevertheless, the existing buyers are also expected to buy the dip as the buyers gather momentum to begin a new bullish movement.
From the upside, if the buyers push the price above the 9-day and 21-day moving averages, the potential resistance level could be found at $160 and above. Moreover, should the coin slide below the lower boundary of the channel, the critical support may come at $130 and below while the Relative Strength Index (14) keeps moving below the 40-level, suggesting sideways movement.
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