The Quant price prediction shows that QNT touches the resistance level of $108 today as the coin prepares for the upside.
QNT Prediction Statistics Data:
- QNT price now – $105.7
- QNT market cap – $1.2 billion
- QNT circulating supply – 12 million
- QNT total supply – 14 million
- QNT Coinmarketcap ranking – #43
Resistance levels: $135, $145, $155
Support levels: $85, $75, $65
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QNT/USD is moving sideways as the coin prepares to embark on the bullish movement. At the time of writing, the Quant price is hovering around the 9-day and 21-day moving averages and the trend has a slight bullish inclination, which may likely revisit the previous resistance level of $108.
QNT Price May Shoot to the North as TAMA Remains Bullish
At the time of writing, the Quant price is likely to face the upper boundary of the channel. However, the best bulls can do is to defend the support at $103 and focus on pulling towards $120. However, if buying pressure increases, the price may break above the 9-day and 21-day moving averages and could reach the resistance at $125.
Meanwhile, if the coin moves into the positive side, a bullish continuation may cause the coin to hit the resistance levels of $135, $145, and $155 respectively. On the contrary, if the coin crosses below the lower boundary of the channel, a minimum swing could bring the price to the nearest support at the $90 level. Crossing below this level could take the bears to $85, $75, and $65 support levels.
When compares with Bitcoin, the daily chart reveals that the bulls may continue to push the price towards the north. The most recent positive sign suggests that the trend could be above the 9-day and 21-day moving averages within the channel.
However, as the technical indicator Relative Strength Index (14) moves to cross above the 70-level, it may likely head to the upside, and a bullish continuation could push the price to hit the resistance level of 6400 SAT and above, but once it drops below the 9-day and 21-day moving averages, the market price may likely begin a downward trend which could bring the coin towards the support level of 5000 SAT and below.
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