The Quant (QNT) price prediction may continue to show a bullish movement if the market could rise above the $42 resistance level.
Quant (QNT) Statistics Data:
- Quant price now – $100
- Quant market cap – $1.2 billion
- Quant circulating supply – 12 million
- Quant total supply – 14.6 million
- Quant Coinmarketcap ranking – #42
Resistance levels: $125, $130, $135
Support levels: $75, $70, $65
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QNT/USD is showing positive movement as the market stays within the 9-day and 21-day moving averages. Apart from this, the Quant price still needs to create additional bullish movements above the $100 resistance level within the channel and traders can expect the price to continue to rise as soon as this is done.
Quant Price Will Shoot to the North while Tamadoge Remains Green
The daily chart shows that the Quant price is attempting to create a new positive trend, and traders may expect a bullish continuation above the 21-day moving average which could test the resistance level of $105. Similarly, the technical indicator reveals that the Relative Strength Index (14) is moving to cross above the 50-level, any further bullish movement towards the upper boundary of the channel may locate the potential resistance levels at $125, $130, and $135 respectively.
Nonetheless, if the Quant price begins the rising channel pattern, traders may witness additional bullish trends in the coming trading sessions but on the contrary, a bearish breakdown could play out for this market if the Quant price withdraws back below the 9-day moving average, and this could roll the coin back to the long-term supports at $75, $70, and $65.
Against Bitcoin, the Quant price is likely to create a bullish movement as the coin heads to the north. However, if the coin touches the resistance level of 5200 SAT, the market may keep releasing more bullish pressure as the technical indicator Relative Strength Index (14) remains above the 50-level.
In other words, if QNT/BTC falls and slides below the lower boundary of the channel, it could bring the coin to the nearest support at 4800 SAT, and any further bearish movement could lower the price to the support level of 4400 SAT and below. Nevertheless, if the coin continues to follow a bullish movement, traders could see the coin reaching the resistance level of 5700 SAT and above.
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