Quant Price Prediction: QNT/USD Price Will Begin a Bullish Trend
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Quant Price Prediction – December 9
The Quant price prediction shows that QNT is going to face moderate volatility as the coin moves to cross above the 9-day moving average.
QNT/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $180, $200, $220
Support levels: $80, $60, $40
QNT/USD is moving within the 9-day and 21-day moving averages as the market price hovers at $122.6 with a daily gain of 0.97%. However, as the coin moves to create additional gains, additional resistance can be found at the $150 level. On the contrary, crossing below the boundary of the channel may hit the closest support at $120.
Quant Price Prediction: QNT Price Ready for a Spike to the North
According to 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.
At the time of writing, QNT/USD bulls will push the coin to cross above the 9-day and 21-day moving averages, but any bearish movement towards 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 $80, $60, and $40, while the resistance levels lie at $180, $200, and $220.
QNT/USD Medium-term Trend: Ranging (4H Chart)
The Quant is hovering above the 9-day and 21-day moving averages as the coin moves in the same direction. However, the nearest resistance is set near the upper boundary of the channel as the market price could touch the nearest resistance level of $130.
On the other hand, if the QNT price slides and faces the downside, QNT/USD can create a new low, and crossing below the lower boundary of the channel may hit the support level of $110 and below. Meanwhile, as the technical indicator Relative Strength Index (14) stays above the 50-level, the market will form a new trend and could hit the resistance level at $135 and above.
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