Quant Price Prediction: QNT/USD Prepares for a Bullish Movement Above $145
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Quant Price Prediction – January 22
The Quant price prediction will recover to the upside as the coin gets ready for a cross above the upper boundary of the channel.
QNT/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $165, $175, $185
Support levels: $120, $110, $100
QNT/USD is ranging as the coin keeps moving above the 9-day and the 21-day moving averages. The market will become lower for new and existing buyers to enter the market. Conversely, should the bulls fail to push the price upward, the Quant price may continue with the sideways movement before heading to the upside.
Quant Price Prediction: QNT/USD Would Move Higher
The Quant price will break towards the upper boundary of the channel as soon as the bulls make the coin to reclaim the $145 resistance. However, any further bullish movement above the upper boundary of the channel could hit the potential resistance levels of $165, $175, and $185.
On the other hand, the upward movement may be delayed if the coin slides and face the lower boundary of the channel which could touch the low of $120, $110, and $100 support levels. Moreover, the technical indicator Relative Strength Index (14) remains above the 40-level which could prepare the coin for upward movement.
QNT/USD Medium-term Trend: Ranging (4H Chart)
Looking at the 4-hour chart, the Quant moves to cross above the 9-day and 21-day moving averages and the bulls need to hijack the market from the bears and head towards the north to touch the major resistance level at $145. If the buyers push the price towards the upper boundary of the channel, higher resistance could be located at $155 and above.
Moreover, the technical indicator Relative Strength Index (14) crosses below the 50-level, encouraging new and existing buyers to invest in the coin. Therefore, should the bulls fail to move the current market value above, the bears could revisit the market, and the nearest support level could be found at $130 and below.
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