Quant Price Prediction: QNT/USD Regains Strength as Price Trades Near $190
Estimated Reading Time: 3 minutes
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Quant Price Prediction – October 25
The Quant price prediction shows that QNT is going to move to the upside as the coin touches the daily high at the $185 level.
QNT/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $225, $235, $245
Support levels: $145, $135, $125
QNT/USD will hit the $190 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 $177, as the coin moves to cross above the 9-day moving average, it could probably touch the resistance level of $195 for it to move higher.
Quant Price Prediction: QNT Price Will Spike to the Upside
The Quant price is seen hovering within 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 225, $235, and $245. On the contrary, if the price breaks below the 21-day moving average, the sell-off could gain traction with the next focus toward the lower boundary of the channel.
Moreover, if the support level of $170 is broken, the downside pressure may increase while the next supports may be created around $145, $135, and $125 respectively as the buyers could get ready to buy the dip. However, the technical indicator Relative Strength Index (14) can cross above the 60-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 around the 9-day and 21-day moving averages to confirm the sideways movement. If the coin faces the upside and heads toward the upper boundary of the channel, this will encourage the bulls to extend the rally toward the resistance level of $215 and above.
Nevertheless, any further bearish movement below the lower boundary of the channel could take the coin to the support level of $150 and below. Meanwhile, there is a possibility that the Quant will retreat before moving to the upside as the technical indicator Relative Strength Index (14) crosses below the 50-level, preparing the market for the bullish movement.
Place winning Quant trades with us. Get QNT here
