Quant Price Prediction: QNT/USD Gets Ready to Spike to the Upside; More Buyers Are Expected
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Quant Price Prediction – December 25
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: $185, $205, $225
Support levels: $55, $35, $15
QNT/USD is moving sideways at the time of writing as the market price moves to reclaim the resistance level of $110. Meanwhile, the market keeps hovering around this level for new and existing buyers to invest in the coin. Therefore, if the bulls fail to push the price upward, the Quant price may continue to range before gaining the upside.
Quant Price Prediction: QNT/USD Would Move Higher
According to the daily chart, the Quant price will break towards 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 $185, $205, and $225.
Moreover, the upward movement may be delayed if the sellers head toward the lower boundary of the channel; the market price could slide to touch the low of $55, $35, and $15 support levels. Moreover, the technical indicator Relative Strength Index (14) is moving around the 40-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. The Quant price could head to the upside if the major resistance level of $110 could be located. However, if the buyers push the price above the upper boundary of the channel, potential resistance could be located at $115 and above.
Nonetheless, the technical indicator Relative Strength Index (14) keeps moving around the 50-level, indicating that the bulls are building momentum. Moreover, should the bulls fail to move the current market value above, the QNT price could slide a little, and the nearest support level could be found at $100 and below.
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