Quant Price Prediction: QNT/USD Ranges; More Buyers Are Expected
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Quant Price Prediction – November 6
The Quant price prediction shows that QNT will recover to the upside as the coin gets ready for a cross above the 9-day and 21-day moving averages.
QNT/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $230, $240, $250
Support levels: $110, $100, $090
QNT/USD is ranging at the moment as the market price is ready to reclaim the resistance level of $200. Meanwhile, the market becomes cheaper for new and existing buyers to invest in the coin. However, if the bulls fail to push the price upward, the Quant price may continue to range before gaining the upside.
Quant Price Prediction: QNT/USD Would Move Higher
According to the daily chart, the Quant price will break towards the upper boundary of the channel if the bulls push the coin above the 9-day and 21-day moving averages. Therefore, any further bullish movement above this barrier could hit the potential resistance levels of $230, $240, and $250.
Moreover, the upward movement may be delayed if the sellers head toward the lower boundary of the channel; the market price could slide to touch the low of $110, $100, and $090 support levels. More so, the technical indicator Relative Strength Index (14) is hovering around the 4500-level, suggesting sideways movement.
QNT/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-chart, the Quant price is consolidating within the channel. The coin is preparing to head to the upside if the major resistance level of $165 could be located. However, if the buyers push the price above the upper boundary of the channel, potential resistance could be located at $175 and above.
Moreover, the technical indicator Relative Strength Index (14) moves to cross below the 50-level, indicating that the bulls are building momentum. Moreover, should the bulls fail to move the current market value above, the QNT price could slide a little, and the nearest support level could be found at $155 and below.
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