Quant Price Prediction – November 22
The Quant price prediction shows that QNT is facing moderate volatility before heading towards the upper boundary of the channel.
QNT/USD Long-term Trend: Ranging (1D Chart)
Resistance levels: $175, $180, $185
Support levels: $50, $45, $40
QNT/USD is trading around the $106.88 level below the 9-day and 21-day moving averages. As the coin consolidates within the channel, the closest support could be located below the lower boundary of the channel. Meanwhile, if the bullish movement increases, the nearest resistance level of $120 could be found.
Quant Price Prediction: QNT Price Ready for the Upside
The Quant price will begin to create bullish trends once the sideways movement fades away, and this is noticeable for the technical indicator Relative Strength Index (14) as the signal line moves to cross above the 40-level.
At the time of writing, the Quant is moving moderately within the channel, but if the coin decides to cross below the channel, it could touch the nearest support level of $90. However, any further bearish movement can hit the supports at $50, $45, and $40, while the resistance levels could be located at $175, $180, and $185 respectively.
QNT/USD Medium-term Trend: Ranging (4H Chart)
The Quant price continues to hover within the 9-day and 21-day moving averages. However, crossing above the 21-day moving average could hit the nearest resistance at $120. Meanwhile, if the QNT price crosses below the 9-day moving average and heads toward the lower boundary of the channel, QNT/USD may hit a critical support level at $95 and below.
Meanwhile, any bullish movement above the upper boundary of the channel could allow the coin to begin a new uptrend, and this can reach the potential resistance level at $125 and above as the technical indicator Relative Strength Index (14) moves to cross above the 50-level.
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