Quant Price Prediction: QNT/USD Retreats Below $119 Level, What Next?
Estimated Reading Time: 2 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 – April 17
The Quant price prediction is likely to create a low at $115 if the price dips more for new buyers to surface.
QNT/USD Medium-term Trend: Bearish (1D Chart)
Key Levels:
Resistance levels: $140, $145, $150
Support levels: $100, $95, $90
QNT/USD is trading at $117.4 below the 9-day and 21-day moving averages. The daily chart reveals that the sellers are bringing the coin towards the south as this could allow the new buyers to enter the market while the existing buyers are expected to buy the dips.
Quant Price Prediction: QNT Price Could Retreat to Move Higher
The Quant price is now becoming cheap for more buyers to enter the market, and the coin will drop more as the technical indicator Relative Strength Index (14) moves to cross below the 40-level. Meanwhile, the Quant price will experience new buyers coming into the market, but any further supports could be located at $100, $95, and $90 respectively.
However, should buyers hold the current market value at $117.44 and push the coin higher; the bulls can expect immediate resistance at $125. Any further bullish movement above the upper boundary of the channel could hit the resistance levels at $140, $145, and $150.
QNT/USD Medium-term Trend: Ranging (4-Hour Chart)
On the 4-hour chart, the Quant price remains below the 9-day and 21-day moving averages, this will allow new buyers to come into the market. Nevertheless, the existing buyers are also expected to buy the dip as the buyers gather momentum to begin a new bullish movement.
From the upside, if the buyers push the price above the 9-day and 21-day moving averages, the potential resistance level could be found at $125 and above. Moreover, should the coin slide below the lower boundary of the channel, the critical support may come at $110 and below while the Relative Strength Index (14) keeps moving below the 40-level, suggesting bearish movement.
Place winning Quant trades with us. Get QNT here
