Quant Price Prediction: QNT/USD Sets to Touch $150 Resistance
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Quant Price Prediction – January 21
The Quant price prediction shows that QNT is getting ready to move to the upside as the coin hovers around the $143.95 level.
QNT/USD Long-term Trend: Bullish (1D Chart)
Key Levels:
Resistance levels: $165, $175, $185
Support levels: $130, $120, $110
QNT/USD is hovering above the 9-day moving average, and the coin could hit the $150 resistance level in the next positive movement. The Quant price may continue to follow the bullish trend if the market price crosses above the upper boundary of the channel. However, QNT/USD is currently trading at $143.95, but it could probably retest below the $141 level again before it heads to the upside.
Quant Price Prediction: QNT Price Could Move Sideways
According to the daily chart, the Quant price hovers above the 9-day and 21-day moving averages. Therefore, a break above the channel could encourage more buyers to increase the buying pressure, which could push the price to the resistance levels of $165, $175, and $185. On the downside, if the price breaks below the 9-day moving average, sellers could gain traction with the next focus toward the nearest support at $140.
Moreover, if the support level of $140 is broken, the downside pressure will increase while the next supports can be created around $130, $120, and $110 respectively. The technical indicator Relative Strength Index (14) is likely to cross below the 70-level, as the signal line moves to the south.
QNT/USD Medium-term Trend: Bullish (4H Chart)
The Quant is moving in the same direction above the 9-day and 21-day moving averages as the coin prepares for the next bullish spike within the channel. However, a close above the resistance level of $150 will encourage the bulls to extend the rally toward the resistance level of $160 and above.
However, any bearish drop below the lower boundary of the channel could reverse the Quant price, and a further bearish movement can locate the support level of $135 and below. Meanwhile, there is a possibility that the Quant will begin the upward movement if the technical indicator Relative Strength Index (14) moves above the 60-level.
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