Quant Price Prediction: QNT/USD Moves Sideways as Price Hits $128 Support
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Quant Price Prediction – February 25
The Quant price prediction reveals that if bulls begin to increase their momentum, the price would cross above the moving averages.
QNT/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $160, $170, $180
Support levels: $110, $100, $90
QNT/USD is moving sideways below the 9-day and 21-day moving averages. However, the bullish momentum will make the coin move toward the $140 resistance level. Meanwhile, if the bulls fail to drive the price above the moving averages, the Quant price could head to the south.
Quant Price Prediction: QNT/USD Would Head to the Upside
The Quant price is changing hands at $131 where it will begin to face the upside. The coin can cross above the 9-day and 21-day moving averages so that it will locate the potential resistance levels at $160, $170, and $180 before crossing above the upper boundary of the channel. Nevertheless, the support levels could be located at $110, $100, and $90 for the new entries to come into the market while the technical indicator Relative Strength Index (14) moves below the 50-level.
QNT/USD Medium-term Trend: Ranging (4H Chart)
The Quant price will cross above the 9-day and 21-day moving averages as the technical indicator Relative Strength Index (14) moves to cross above the 40-level. This is to prepare the buyers for the upward movement and it will be the best time for more buyers to buy the dip. However, any bullish movement above the moving averages could push the coin toward the upper boundary of the channel to hit the resistance level at $140 and above.
Nevertheless, QNT/USD could display a few bearish signals and the market price is likely to cross below the lower boundary of the channel to hit the critical support at $122 and below.
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