Quant Price Prediction: QNT/USD Drops Lower; More Buyers to Play Out
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Quant Price Prediction – March 24
The Quant price prediction is likely to create a low at $120 if the price dips more for new buyers to surface.
QNT/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $150, $160, $170
Support levels: $100, $90, $80
QNT/USD is currently trading at $121.7 below the 9-day and 21-day moving averages. However, the daily chart reveals that the sellers are likely to bring the coin 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 could be low for more buyers to enter the market, and the coin will drop more as the technical indicator Relative Strength Index (14) moves to cross below the 40-level. Meanwhile, the Quant price will experience new buyers coming into the market, any further supports could be located at $100, $90, and $80 respectively.
However, should buyers hold the current support of $121.7 and push the coin higher; the bulls can expect immediate resistance to be located at $130. Any further bullish movement above the upper boundary of the channel could hit the resistance levels at $150, $160, and $170.
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 $130 and above. Moreover, should the coin slide below the lower boundary of the channel, the critical support may come at $115 and below while the Relative Strength Index (14) keeps moving below the 40-level, suggesting bearish movement.
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