Quant Price Prediction: QNT/USD Sets to Touch $180 Resistance
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Quant Price Prediction – October 26
The Quant price prediction shows that QNT is getting ready to move to the upside as the coin hovers around the $174.7 level.
QNT/USD Long-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $230, $240, $250
Support levels: $135, $125, $115
QNT/USD is likely to cross above the 9-day moving average, and the coin could hit the $180 resistance level in the next positive movement. The coin may continue to move sideways as it tries to focus on the upside. However, the Quant price is currently trading at $174.7, but it could probably retest below this level again before it heads to the upside.
Quant Price Prediction: QNT Price Could Move Sideways
According to the daily chart, the Quant price is hovering within the 9-day and 21-day moving averages. Therefore, a break above this barrier could encourage more buyers to increase the buying pressure, which could push the price toward the resistance levels of $230, $240, and $250. On the downside, if the price breaks below the lower boundary of the channel, sellers could gain traction with the next focus towards 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 $135, $125, and $115 respectively. The technical indicator Relative Strength Index (14) is likely to remain above the 50-level, as the signal line moves in that direction.
QNT/USD Medium-term Trend: Ranging (4H Chart)
The Quant is moving to cross above the 9-day and 21-day moving averages as the coin continues to move sideways within the channel. However, a close above the resistance level of $200 will encourage the bulls to extend the rally toward the resistance level of $225 and above.
In other words, any bearish drop below the lower boundary of the channel could reverse the QNT price, and a further bearish movement can locate the support level of $140 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 50-level.
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