Quant Price Prediction: QNT/USD Trades at $0.128 after Touching $135.5 Resistance
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Quant Price Prediction – January 14
The Quant price prediction shows a remarkable improvement today as the QNT continues to follow the bullish movement.
QNT/USD Medium-term Trend: Bullish (1D Chart)
Key Levels:
Resistance levels: $150, $155, $160
Support levels: $110, $105, $100
According to the daily chart, QNT/USD is moving towards an upward formation after opening today’s trade at $126.1. The Quant price is currently moving to cross above the upper boundary of the channel as the signal line of the technical indicator Relative Strength Index (14) moves to cross into the overbought region, suggesting additional bullish movement.
Quant Price Prediction: QNT Bulls Will Spike to the Upside
The Quant price will cross above the channel to continue the upward movement. However, if the coin maintains the bullish trend, the bulls will push the price toward the resistance levels of $150, $155, and $160. On the contrary, if QNT/USD drops and faces the channel’s lower boundary, the price could touch the support levels at $110, $105, and $100 respectively.
QNT/USD Medium-term Trend: Bearish (4H Chart)
QNT/USD is trading above the 9-day and 21-day moving averages as the technical indicator Relative Strength Index (14) moves around the 70-level which could increase the bullish movement. However, a possible drop toward the south may surface if the price crosses below the moving averages. Therefore, any further bearish movement may bring the coin to the critical support level of $122 and below.
However, as bulls push the coin higher, the Quant price will cross above the upper boundary of the channel. Once this comes to focus, the price would hit the resistance level of $138 and above. Moreover, the trading volume is coming up slowly and will begin to climb higher if the technical indicator moves to the positive side.
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