Quant Price Prediction: QNT/USD Moves Bearishly as Price Gets Ready for the North
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Quant Price Prediction – April 7
The Quant price prediction shows that QNT will recover to the upside as the coin remains within the moving averages.
QNT/USD Medium-term Trend: Bearish (1D Chart)
Key Levels:
Resistance levels: $140, $145, $150
Support levels: $105, $100, $90
QNT/USD is moving bearishly below the 9-day and 21-day moving averages at the moment. Meanwhile, the market will become cheaper for new and existing buyers to enter the market. However, should the bulls fail to push the price upward, the Quant price may continue to move sideways before heading to the north.
Quant Price Prediction: QNT/USD Will Move Higher
As revealed by the chart, the Quant price would break above the upper boundary of the channel if the bulls defend the $119 support level. However, any bullish cross above the upper boundary of the channel will push the price to the potential resistance levels of $140, $145, and $150.
Nevertheless, the upward movement may be delayed if the bears keep the market price below the 9-day and 21-day moving averages, sliding toward the lower boundary of the channel could touch the support levels at f $105, $100, and $95. Moreover, the technical indicator Relative Strength Index (14) stays below the 50-level to prepare the market for the upward movement.
QNT/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-chart, the Quant price is still consolidating within the channel and the coin is becoming cheap for more buyers to come into the market. However, if the buyers push the price above the 9-day and 21-day moving averages, higher resistance could be located at $127 and above.
Moreover, the technical indicator Relative Strength Index (14) moves below the 40-level, indicating that bearish signals are still in play. Therefore, if the bulls fail to push the current market value above the moving averages, the bears can increase the selling pressure, and the nearest support level could be found at $114 and below so that the existing buyers can buy the dips and the new buyers are expected to invest in the coin.
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