Quant Price Prediction: QNT/USD Heads to the South; Price Ready for Higher Levels?

Quant Price Prediction – March 27

The Quant price prediction shows that QNT will begin to form higher as the coin touches the $116 Support below the moving averages.

QNT/USD Medium-term Trend: Bearish (1D Chart)

Key Levels:

Resistance levels: $140, $150, $160

Support levels: $100, $90, $80

QNT/USD is sliding below the 9-day and 21-day moving averages as the coin heads toward the lower boundary of the channel. The market price is hovering at $116.8, and the Quant price may retreat more to allow new investors to come into focus.

Quant Price Prediction: QNT/USD Will Break to the Upside

The Quant price will begin to rise and break above the 9-day and 21-day moving averages as soon as the bulls step into the market. Any further bullish movement to the upside could push the coin to the potential resistance levels of $140, $150, and $160.

Nevertheless, this technical analysis may not play out if the sellers increase the pressure, crossing below the lower boundary of the channel will hit the support levels of $100, $90, and $80. Moreover, the technical indicator Relative Strength Index (14) is likely to cross below the 40-level to prepare the coin for the bullish movement.

QNT/USD Medium-term Trend: Bearish (4H Chart)

Looking at the 4-hour chart, the Quant price would move up higher if the coin crosses above the 9-day and 21-day moving averages. However, the long-term moving averages will begin the bullish movement as the market prepares for a new trend.

Meanwhile, if the buyers push the price above the moving averages, higher resistance could be reached at the resistance level of $125 and above while the technical indicator Relative Strength Index (14) moves to cross into the oversold region. Moreover, should the bulls fail to move the current market value above, the bears may step into the market, and the nearest support level could be located at $110 and below.

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