Quant Price Prediction: QNT/USD Shoots Toward $120 Level
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Quant Price Prediction – April 29
The Quant price prediction shows that QNT may be facing moderate volatility before crossing above the upper boundary of the channel.
QNT/USD Long-term Trend: Bearish (1D Chart)
Key Levels:
Resistance levels: $135, $140, $145
Support levels: $100, $95, $90
QNT/USD is trading around the $117.7 level above the 9-day and 21-day moving averages. As the coin moves to cross above the channel, the closest support could be located below the 9-day moving average. Meanwhile, if the bullish movement increases, the nearest resistance level of $125 could be found.
Quant Price Prediction: QNT Price Will Face the Upside
The Quant price will begin to create bullish trends once the sideways movement fades away, and this is noticeable for the technical indicator Relative Strength Index (14) as the signal line crosses above the 50-level.
At the time of writing, the Quant is moving moderately within the channel, but if the coin decides to cross below the 9-day moving average, it could touch the nearest support level of $110. However, any further bearish movement can hit the supports at $100, $95, and $90, while the resistance levels can be located at $135, $140, and $145 respectively.
QNT/USD Medium-term Trend: Bullish (4H Chart)
The Quant continues to hover above the 9-day and 21-day moving averages. However, the nearest resistance could be found at around $120. Meanwhile, if the QNT price slides below the moving averages and heads toward the lower boundary of the channel, QNT/USD can create a critical support level at $111 and below.
On the other hand, any bullish movement above the upper boundary of the channel could reach the potential resistance level of $125 and above. According to the chart, the technical indicator Relative Strength Index (14) moves to cross above the 70-level, this could be suggesting a bullish movement for the coin as more buyers are expected in the market.
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