Quant Price Prediction: QNT/USD Trades around $100; Ready to Push Higher
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 – August 20
The Quant price prediction shows that QNT will begin to form higher as the coin prepares to follow the bullish movement.
QNT/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $113, $115, $117
Support levels: $87, $85, $83
QNT/USD is hovering below the 9-day moving average as the coin moves toward the upper boundary of the channel. The market price is hovering at $100 and the Quant (QNT) could allow new investors to come into focus.
Quant Price Prediction: QNT/USD Will Break to the Upside
The Quant price will begin to rise and break above the 9-day and 21-day moving averages if the bulls can defend the $99 support level. However, any further bullish cross above the 9-day and 21-day moving averages may push the coin to the potential resistance levels of $113, $115, and $117.
Meanwhile, this technical analysis may not play out now if the sellers step into the market, sliding toward the lower boundary of the channel could hit the support levels of $87, $85, and $83. Moreover, the technical indicator Relative Strength Index (14) remains below the 50-level to prepare the coin for the bullish movement. Meanwhile, this could be the best time for those that will invest in the coin.
QNT/USD Medium-term Trend: Ranging (4H Chart)
Looking at the 4-hour chart, the Quant price could move up higher if the coin crosses above the 9-day moving average. However, the long-term moving averages will begin the bullish movement as the market prepares for a new trend.
However, if the buyers push the price above the upper boundary of the channel; higher resistance could be reached at $103 and above. The technical indicator Relative Strength Index (14) is moving above the 50-level which could increase the bullish movement. Moreover, should the bulls fail to move the current market value above, bears may step into the market, and the nearest support level could be located at $97 and below.
Place winning Quant trades with us. Get QNT here
