Quant Price Prediction: QNT/USD Moves in the Same Direction; Price Ready for the North
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Quant Price Prediction – December 6
The Quant price prediction reveals that if bulls begin to increase their momentum, the price will head toward the upper boundary of the channel.
QNT/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $200, $220, $240
Support levels: $60, $40, $20
QNT/USD is moving sideways above the 9-day and 21-day moving averages at the time of writing, the bullish momentum will make the coin move toward the $150 resistance level. Meanwhile, if the bulls fail to drive the price to the upside, the Quant price could retreat before heading to the upside.
Quant Price Prediction: QNT/USD Prepares for the Bullish Movement
According to the daily chart, the Quant price is hovering at $120.5 where it could spike to the north. The Quant price will continue to move above the 9-day and 21-day moving averages for it to locate the potential resistance levels at $200, $220, and $200 towards the upper boundary of the channel. Nevertheless, crossing below the lower boundary of the channel can hit the support levels at $60, $40, and $20 for more buyers to come into the market while the technical indicator Relative Strength Index (14) crosses below the 50-level.
QNT/USD Medium-term Trend: Ranging (4H Chart)
The Quant price is seen sliding below the 9-day and 21-day moving averages as the technical indicator Relative Strength Index (14) crosses below the 40-level. This is for the buyers to prepare for the upward movement, and this could be the best time for more buyers to buy the dip. Meanwhile, any bullish movement above the moving averages can push the coin toward the upper boundary of the channel to hit the resistance level at $135 and above.
Moreover, the Quant (QNT) can display a few bearish signals and the market price is likely to cross below the lower boundary of the channel where it can hit the critical support at $110 and below. Notwithstanding the movement of the coin, the best time to buy it is now as the bulls will begin to push the coin to the upside.
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