Quant Price Prediction: QNT/USD Regains Strength as Price Trades Near $140
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Quant Price Prediction – February 12
The Quant price prediction shows that QNT is going to move to the upside as the coin touches the daily high at the $137 level.
QNT/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $160, $170, $180
Support levels: $115, $105, $95
QNT/USD will hit the $140 resistance level in the next positive movement as the difficult time seems to be fading out for the coin. However, the Quant price is currently trading at $135.3, as the coin moves to cross above the 9-day moving average, it could probably touch the resistance level of $150 for it to move higher.
Quant Price Prediction: QNT/USD Will Spike to the Upside
The Quant price is seen hovering below the 9-day and 21-day moving averages. A break toward the upper boundary of the channel could encourage more buyers to increase their entries, and they could push the coin to hit the resistance levels of $160, $170, and $180. On the contrary, if the price breaks below the lower boundary of the channel, the sell-off could push the coin to the negative side.
However, if the support level of $120 is broken, the downside pressure may increase while the next supports could be located at $115, $105, and $95 as the buyers could get ready to buy the dip. Meanwhile, the technical indicator Relative Strength Index (14) can cross above the 50-level to prepare new buyers to invest in the coin.
QNT/USD Medium-term Trend: Ranging (4H Chart)
On the 4-hour chart, the Quant price is hovering above the 9-day and 21-day moving averages to confirm the bullish movement. If the coin moves to cross above the upper boundary of the channel, it will encourage the bulls to hit the resistance level of $150 and above.
Nevertheless, any bearish movement below the moving averages could take the coin to the support level of $125 and below. Moreover, there is a possibility that the Quant could retreat before moving to the upside but the technical indicator Relative Strength Index (14) remains above the 50-level, suggesting a bullish movement for the coin.
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