Quant Price Prediction: QNT/USD Get Ready for the Top; More Buyers Are Expected
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Quant Price Prediction – February 12
The Quant price prediction shows that QNT will recover to the upside as the coin gets ready for a cross above the 9-day and 21-day moving averages.
QNT/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $135, $145, $155
Support levels: $80, $70, $60
QNT/USD is ranging at the moment as the market price hovers within the 9-day and 21-day moving averages. Meanwhile, the market could become low so that new and existing buyers could enter the market. Meanwhile, if the bulls fail to push the price to the upside, the Quant price may continue to range before gaining the upside.
Quant Price Prediction: QNT/USD Could Face the North
The Quant price could break toward the upper boundary of the channel if the bulls push the coin above the 9-day and 21-day moving averages. Therefore, any further bullish movement above this barrier could hit the potential resistance levels of $135, $145, and $155.
Nonetheless, the upward movement could be delayed if the sellers slide below the lower boundary of the channel; the market price could slide to touch the support levels of $80, $70, and $60. Meanwhile, the 9-day moving average is likely to cross above the 21-day moving average, suggesting bullish movement.
QNT/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-chart, the Quant price is moving to break above the upper boundary of the channel. Moreover, the coin may continue to face the upside if the major resistance level of $108 could be located. However, if the buyers push the price above the upper boundary of the channel, potential resistance could be located at $110 and above.
Meanwhile, the 9-day moving average could make a bullish cross above the 21-day moving average, indicating that the bulls are building momentum. Therefore, should the bulls fail to move the current market value to the upside, the QNT price could slide a little, and the nearest support level could be found at $102 and below.
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