Quant Price Prediction: QNT/USD Will Go for a Strong Bullish Movement Above $160
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Quant Price Prediction – January 25
The Quant price prediction will continue to follow the bullish movement as the coin gets ready for a cross above the channel.
QNT/USD Medium-term Trend: Bullish (1D Chart)
Key Levels:
Resistance levels: $180, $200, $220
Support levels: $130, $110, $90
QNT/USD is moving bullishly as the coin keeps hovering above the 9-day and the 21-day moving averages. However, the Quant price could become lower if it crosses below the 9-day moving average and this could be for the new and existing buyers to enter the market. Therefore, if the bulls fail to push the price upward, the Quant price may consolidate before facing the next possible direction.
Quant Price Prediction: Will QNT/USD Move Higher?
The Quant price will break above the upper boundary of the channel as soon as the bulls make the coin hit the resistance level of $160. However, any further bullish movement to the upside could push the coin toward the potential resistance levels of $180, $200, and $220.
Meanwhile, the upward movement may be delayed if the coin slides and face the lower boundary of the channel which could touch the low of $130, $110, and $90 support levels. Moreover, the technical indicator Relative Strength Index (14) remains within the overbought region to keep the coin on the positive side.
QNT/USD Medium-term Trend: Bullish (4H Chart)
Looking at the 4-hour chart, the Quant is moving within the 9-day and 21-day moving averages, the bulls need to hijack the market from the bears and head towards the upper boundary of the channel to touch the major resistance level at $165. If the buyers push the price above the channel, the potential resistance level could be located at $170 and above.
However, the technical indicator Relative Strength Index (14) is moving below the 60-level, encouraging new and existing buyers to invest in the coin. Therefore, should the bulls fail to move the current market value above, the bears could revisit the market, and the nearest support level could be found at $135 and below.
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