Quant Price Prediction: QNT/USD Gets Ready for the Top; More Buyers Are Expected
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Quant Price Prediction – March 31
The Quant price prediction shows that QNT will recover to the upside as the coin gets ready for a cross above the channel.
QNT/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $145, $155, $165
Support levels: $105, $95, $85
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 buy the dips. But, if the bulls fail to push the price to the upside, the Quant price may continue to range before heading to the upside.
Quant Price Prediction: QNT/USD Would Move Higher
According to the daily chart, the Quant price will break above the upper boundary of the channel if the bulls push and keep the coin above the 9-day and 21-day moving averages. Therefore, any further bullish movement above the channel could hit the potential resistance levels of $145, $155, and $165.
Moreover, the upward movement could be delayed if the sellers head toward the lower boundary of the channel; the market price could slide to touch the support levels of $105, $95, and $85. Nonetheless, the technical indicator Relative Strength Index (14) is moving around the 50-level, suggesting sideways movement.
QNT/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-chart, the Quant price is consolidating within the channel as it prepares for the bullish movement. However, if the buyers push the price above the upper boundary of the channel, potential resistance could be located at $135 and above.
Nonetheless, the technical indicator Relative Strength Index (14) remains above the 50-level, indicating that bulls are building momentum. However, should bulls fail to move the current market value to the upside, the market price could slide below the 9-day and 21-day moving averages, and the nearest support level could be found at $115 and below.
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