Quant Price Prediction: QNT/USD Trades at $103.7 after Touching $105 Resistance
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Quant Price Prediction – December 5
The Quant price prediction shows a remarkable improvement today as the coin continues to follow the bullish movement.
QNT/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $118, $120, $122
Support levels: $90, $88, $86
According to the daily chart, QNT/USD is moving toward an upward formation after opening today’s trade at $101.4. The QNT price is currently moving toward the upper boundary of the channel as the 9-day moving average moves to cross above the 21-day moving average, suggesting additional bullish movement.
Quant Price Prediction: QNT Bulls Could Spike to the Upside
The Quant price is likely to spike to the upside to continue the upward movement. However, if the coin maintains the bullish trend, the bulls will push the price toward the resistance levels of $118, $120, and $122. On the contrary, if QNT/USD drops and faces the lower boundary of the channel, the price could touch the support levels at $90, $88, and $86 respectively.
QNT/USD Medium-term Trend: Ranging (4H Chart)
The Quant price is trading above the 9-day and 21-day moving averages as the bulls increase the bullish movement which could push the coin to the resistance level of $106. 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 $97 and below.
However, as bulls push the coin higher, the Quant price will head toward the upper boundary of the channel. Once this comes to focus, the price would hit the resistance level of $110 and above. Moreover, the trading volume is coming up and will begin to climb higher if the coin moves to the positive side.
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