Quant Price Prediction: QNT/USD Ranges Around $143; Price Could Rebound
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Quant Price Prediction – February 4
The Quant price prediction reveals that if bulls push the market price above the moving averages, QNT will head to the upside.
QNT/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $180, $190, $200
Support levels: $120, $110, $100
According to the daily chart, QNT/USD is moving sideways, trading below the 9-day and 21-day moving averages. Meanwhile, as the coin hovers at $143.3, the bullish momentum will make the coin move toward the resistance level of $150 resistance level. Nevertheless, if the bulls fail to drive the price towards the upper boundary of the channel, the Quant price could remain below the moving averages.
Quant Price Prediction: QNT/USD Would Head to the Upside
The Quant price is changing hands at $143.36 where it could reclaim the resistance level of $145. The coin may cross above the upper boundary of the channel so that it can locate the potential resistance levels at $180, $190, and $200. Meanwhile, the support levels remain at $120, $110, and $100 so that new buyers can come into the market while the technical indicator Relative Strength Index (14) remains below the 60-level.
QNT/USD Medium-term Trend: Ranging (4H Chart)
The Quant price crosses remain below the 9-day and 21-day moving averages but could head toward the lower boundary of the channel if the sellers increase the pressure. The technical indicator Relative Strength Index (14) remains below the 60-level, which suggests that the coin may retreat a little before gaining additional uptrends. This is to prepare the buyers for the upward movement and it could be the best time for more buyers to buy the dip.
However, any bullish movement above the upper boundary of the channel could hit the resistance level at $155 and above. Nevertheless, QNT/USD could display some bearish signals if the market price heads toward the lower boundary of the channel, and the Quant price may locate the critical support at $135 and below.
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