Quant Price Prediction: QNT/USD Remains Under $155; it’s Time to Invest
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Quant Price Prediction – November 8
The Quant price prediction reveals that QNT drops to touch the daily low of $126 as the price dips for new buyers to surface.
QNT/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $200, $220, $240
Support levels: $85, $65, $45
QNT/USD is trading at $132.3 hovering below the 9-day and 21-day moving averages. According to the daily chart, sellers are pushing the coin towards the south as this could allow new buyers to step into the market while the existing buyers are expected to buy more.
Quant Price Prediction: QNT Price Retreats to Move Higher
The Quant price is low for more buyers to come into the market. However, the coin can drop more as the technical indicator Relative Strength Index (14) moves to cross into the oversold region as the existing buyers are expected to buy the dips and any further supports could be located at $85, $65, and $45.
Moreover, should the buyers hold the current support of $132.3, pushing it higher can hit the previous resistance level of $155. However, any further bullish movement above the 9-day and 21-day moving averages will locate the resistance levels at $200, $220, and $240.
QNT/USD Medium-term Trend: Bearish (4H Chart)
On the 4-hour chart, the Quant price remains below the 9-day and 21-day moving averages, expecting new buyers to enter the market. Similarly, the existing buyers are to invest more as the coin dig dip.
From the upside, if the buyers push the price above the moving averages; higher resistance could be found above the upper boundary of the channel which could hit the resistance level of $170 and above. But, should the coin retreat and slide below the lower boundary of the channel, critical support can come at $115 and below. At the same time, the Relative Strength Index (14) stays within the oversold region, suggesting that buyers may come into focus.
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