Quant Price Prediction: QNT/USD Spikes to the Upside as Price Touches $144 Level
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Quant Price Prediction – December 25
The Quant price prediction shows that QNT will begin to face moderate volatility toward the upper boundary of the channel.
QNT/USD Long-term Trend: Bullish (1D Chart)
Key Levels:
Resistance levels: $160, $170, $180
Support levels: $115, $105, $95
QNT/USD is trading around the $135.9 level above the 9-day and 21-day moving averages as the coin moves to cross above the upper boundary of the channel. Meanwhile, should the coin slide to the south, the closest support could be located below the lower boundary of the channel but if the bullish movement increases, the nearest resistance level of $145 could be found.
Quant Price Prediction: QNT Price Ready for the Upside
The Quant price will begin to create bullish trends once the coin breaks above the upper boundary of the channel, and this is noticeable for the technical indicator as the 9-day crosses above the 21-day moving average which could increase the bullish movement above the upper boundary of the channel.
At the moment, QNT/USD is moving moderately toward the upside, but if the coin decides to face the lower boundary of the channel, it could touch the nearest support level of $125. On that note, any further bearish movement can hit the supports at $115, $105, and $95, while the potential resistance levels could be located at $115, $105, and $95 respectively.
QNT/USD Medium-term Trend: Ranging (4H Chart)
According to the 4-hour chart, the Quant price could make a bullish cross above the upper boundary of the channel. However, crossing above this barrier could hit the nearest resistance at $135. Meanwhile, if the QNT price decides to slide below the 9-day and 21-day moving averages, it could head toward the lower boundary of the channel should the bears increase the selling pressure; QNT/USD could therefore hit the critical support at $112 and below.
Moreover, any bullish movement above the channel may increase the price of the coin. Therefore, QNT/BTC can hit the potential resistance level at $160 and above as the technical indicator 9-day MA remains above the 21-day MA.
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