Quant Price Prediction: QNT/USD Price May Rally to the Resistance Level of $110
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Quant Price Prediction – August 4
The Quant price prediction shows that QNT is going to face moderate volatility as the coin moves to cross above the 21-day moving average.
QNT/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $115, $120, $125
Support levels: $90, $85, $80
QNT/USD is moving to cross above the 9-day and 21-day moving averages as the market price hovers at $103 with a daily gain of 0.86%. However, as the coin moves to create additional gains, a potential resistance can be found at the $105 level. On the contrary, sliding toward the lower boundary of the channel may hit the closest support at $100.
Quant Price Prediction: QNT/USD Ready for a Spike to the North
Looking at the daily chart, with the confirmation of the technical indicators, the Quant price is going to create additional bullish trends as the Relative Strength Index (14) is moving to cross above the 50-level, warming up for a positive movement.
Nevertheless, QNT/USD bulls will push the coin to cross above the 9-day and 21-day moving averages, but any bearish movement toward the south could bring the Quant price to a downtrend where the new investors can take advantage of investing in the coin. However, the support levels for QNT/USD can be located at $90, $85, and $80, while the resistance levels lie at $115, $120, and $125.
QNT/USD Medium-term Trend: Ranging (4H Chart)
The Quant is moving within the 9-day and 21-day moving averages as the coin prepares for the upside. However, the nearest resistance is set near the upper boundary of the channel for the market price to touch the nearest resistance level of $105.
However, if the Quant price slides below the 9-day moving average, it can create a new low, and crossing below the lower boundary of the channel could hit the support level of $97 and below. Meanwhile, as the technical indicator, Relative Strength Index (14) moves above the 40-level, the market will form a new trend and could hit the resistance level at $110 and above.
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