Quant Price Prediction: QNT/USD Accelerates Higher as Bulls Aim $120 Level
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Quant Price Prediction – June 17
The Quant price prediction will shoot to the upside as the coin moves to cross above the upper boundary of the channel.
QNT/USD Medium-term Trend: Ranging (1D Chart)
Key Levels:
Resistance levels: $130, $135, $140
Support levels: $100, $95, $90
QNT/USD ranges as the coin spikes above the 9-day and the 21-day moving averages. Meanwhile, if the coin slides below the 21-day moving average, the market could become lower for new and existing buyers to come into the market. Conversely, should bulls fail to push the price upward, the Quant price may continue with the sideways movement before heading to the upside.
Quant Price Prediction: QNT/USD Would Move Higher
The Quant price will break above the upper boundary of the channel as soon as the bulls make the coin to reclaim the $116 resistance. However, any further bullish movement above the upper boundary of the channel will hit the potential resistance levels of $130, $135, and $140.
On the other hand, further bullish movement could be delayed if the coin slides below the 9-day moving average, this could touch the support levels of $100, $95, and $90. Moreover, the technical indicator Relative Strength Index (14) is moving to cross above the 60-level, pushing the coin to the upside.
QNT/USD Medium-term Trend: Ranging (4H Chart)
Looking at the 4-hour chart, the Quant price remains above the 9-day and 21-day moving averages and the bulls need to increase the buying pressure and push the coin to touch the major resistance level at $120. If the buyers push the price above the upper boundary of the channel, higher resistance could be located at $130 and above.
Moreover, the technical indicator Relative Strength Index (14) could remain below the 70-level, encouraging new and existing buyers to invest in the coin. Meanwhile, 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 $100 and below.
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