Quant Price Prediction: QNT/USD Will Spike Above $115 Level as Price Rebounds
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Quant Price Prediction – May 4
The Quant price prediction shows that QNT will experience a bullish movement as soon as the price crosses above the moving averages.
QNT/USD Medium-term Trend: Bearish (1D Chart)
Key Levels:
Resistance levels: $135, $140, $145
Support levels: $95, $90, $85
QNT/USD is at the moment trading at $112.9 as the coin moves to cross above the 9-day and 21-day moving averages. The daily chart reveals that sellers are likely to bring the coin toward the south and this could allow the new buyers to step into the market while the existing buyers are expected to buy the dips.
Quant Price Prediction: QNT/USD Will Move Higher
The Quant price is heading toward the upside as the coin moves to cross above the 9-day and 21-day moving averages. On the contrary, QNT/USD could drop if the technical indicator Relative Strength Index (14) moves to cross below the 40-level. However, the Quant price can experience new buyers coming into the market, but any further supports could be located at $95, $90, and $85 respectively.
Nonetheless, if the buyers should hold the current support at $111 and push the coin higher; the bulls can expect immediate resistance to be located at $125. Any further bullish movement above the upper boundary of the channel can locate the resistance levels at $135, $140, and $145.
QNT/USD Medium-term Trend: Ranging (4-Hour Chart)
On the 4-hour chart, the Quant price is moving to cross above the 9-day and 21-day moving averages; this could allow more buyers to enter the market. Meanwhile, the existing buyers are expected to buy the dip as the bulls gather momentum to begin a new upward movement.
From the upside, if the buyers push the market price toward the upper boundary of the channel, the potential resistance level could be found at $120 and above. Moreover, should the coin slide below the lower boundary of the channel, a critical support level could come at $105 and below while the Relative Strength Index (14) is moving to cross above the 50-level, suggesting bullish movement.
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