Quant Price Prediction: QNT/USD Trades Near $135 Resistance
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Quant Price Prediction – March 19
The Quant price prediction shows that QNT is shooting close to $135 as it has done little to flip the market sentiment at this stage.
QNT/USD Long-term Trend: Ranging (Daily Chart)
Key levels:
Resistance Levels: $160, $170, $180
Support Levels: $100, $90, $80
Looking at the daily chart, QNT/USD is correcting gains from $127.6 and it is likely to start a new increase as long as there is no close below $127. During the European session today, the Quant price sees a steady increase above the $130 resistance level, but the coin it’s currently hovering at $132.5. At the moment, the Quant price remains above the 9-day and 21-day moving averages.
Quant Price Prediction: QNT Price Ready to Create More Upsides
The Quant price is seen retracing and trading above the moving averages as the market price stays under the daily high of $13334 resistance as a sign of bullish momentum. Moreover, a further increase in the bullish momentum may have to increase the price above this level; another resistance may come at $140 before reaching the potential resistance of $160, $170, and $180 levels.
However, if the resistance level of $132 failed to hold, the coin may reverse and face the support level at $127; further increase in the bears’ pressure may bring the price below the lower boundary of the channel and possibly hit the critical supports at $100, $90, and $80. Meanwhile, the technical indicator Relative Strength Index (14) signal line is moving above the 50-level to indicate a more bullish movement.
QNT/USD Medium-Term Trend: Ranging (4H Chart)
According to the 4-hour chart, the Quant price is seen trading above the 9-day and 21-day moving averages at $133.2. At the time of writing, the Quant price is moving towards the upper boundary of the channel but any bearish cross below the moving averages may drag the coin to the support level of $20 and below.
Nevertheless, if QNT/BTC finds a decent resistance level around $140 level, it may start another bullish movement above the upper boundary of the channel which could reach the resistance level of $150 and above. In addition, the technical indicator Relative Strength Index (14) is seen crossing above the 60-level, suggesting additional bullish signals.
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