Quant (QNT) Price Prediction 2022 — Will Quant Hit $200 Soon?
- Bullish Quant price prediction is $165.3 to $344.4.
- Quant (QNT) price might also reach $200 soon.
- Bearish Quant price prediction for 2022 is $48.8.
In Quant (QNT) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about QNT to analyze the future movement of the cryptocurrency.
Quant (QNT) Current Market Status
According to CoinGecko, the price of Quant (QNT) is $182.36 with a 24-hour trading volume of $220,958,770 at the time of writing. However, Quant has increased by nearly 5.6% in the last 24 hours.
Moreover, Quant (QNT) has a circulating supply of 14,544,190 Quant. Currently, Quant (QNT) trades in cryptocurrency exchanges such as Binance, KuCoin, Coinbase Exchange, Gate.io, Bybit and Crypto.com.
What is Quant (QNT)?
Quant (QNT) is the native crypto token of the Quant Network. QNT was launched as an ERC-20 token in 2018. Quant Network is an Ethereum-based distributed ledger technology (DLT) operating system (OS). It confers universal interoperability via its Overledger Network and multi-chain smart contracts.
Overledger Network is the unique feature of the Quant Network. It serves as a blockchain-based API gateway that facilitates the creation and execution of decentralized multi-chain apps (mDApps). The technology went live on Quant Network in September 2021.
The Overledger connects different private blockchains to public blockchains such as Ethereum, Polkadot, and Polygon. It focuses on enhancing the security and interoperability between several blockchains.
Quant (QNT) is deployed in 3 primary use cases. It is used as a payment fee to access services on the Quant Network. It is deployed as a payment token by its treasury system to credit its gateway operators.
Quant (QNT) Price Prediction 2022
Quant (QNT) holds the 29th position on CoinGecko right now. Quant price prediction 2022 is explained below with a daily time frame.
The above chart of Quant (QNT) laid out an ascending channel pattern, also known as the rising channel. The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend.
Currently, Quant (QNT) is in the range of $188.4. If the pattern continues, the price of Quant might reach the resistance level of $233.5. If the trend reverses, then the price of Quant may fall to $87.0 and $40.5.
Quant (QNT) Support and Resistance Levels
The chart below shows the support and resistance levels of Quant (QNT).
From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Quant (QNT).
| Resistance Level 1 | $165.3 |
| Resistance Level 2 | $233.9 |
| Resistance Level 3 | $344.4 |
| Support Level 1 | $88.0 |
| Support Level 2 | $48.8 |
The charts show that Quant (QNT) has performed a bullish trend over the past month. If this trend continues, Quant might run along with the bulls overtaking its resistance level at $344.4.
Accordingly, if the investors turn against crypto, the price of Quant (QNT) might plummet to almost $48.8, a bearish signal.
Quant (QNT) Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Quant (QNT) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of Quant lies below the cutoff line, indicating weak participants in the current trend.
Also, the Moving Average (MA) of Quant (QNT) is shown in the chart above. Notably, Quant (QNT) price lies above 50 MA (short-term), so it is in an uptrend. Currently, Quant has entered a bullish state. Therefore, there is a possibility of a reversal trend of Quant at any time.
Meanwhile, the relative strength index (RSI) of the Quant is 62.26. This means that Quant (QNT) is in an overbought state. However, this means a major price reversal of Quant may occur in the upcoming days. So, traders need to trade carefully.
Quant (QNT) Price Prediction 2022 — ADX, RVI
Let us now look at the Average Directional Index (ADX) of Quant (QNT). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.
The above chart represents the ADX of Quant (QNT). Currently, the ADX of Quant lies in the range of 45.3 and thus, it indicates a strong trend.
The above chart also represents the Relative Volatility Index (RVI) of Quant (QNT). RVI measures the constant deviation of price changes over a period of time. The RVI of Quant lies below 50, indicating low volatility. In fact, the RSI of Quant (QNT) is at 62.26, thus confirming a potential sell signal.
Comparison of QNT with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum, and Quant (QNT).
From the above chart, it can be interpreted that BTC, ETH and QNT are moving in a dissimilar trend. This indicates that when the price of BTC and ETH increases, the price of QNT decreases. Also when the price of BTC and ETH decreases, the price of QNT increases.
Quant (QNT) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, Quant (QNT) might probably attain $300 by 2023.
Quant (QNT) Price Prediction 2024
With several upgrades in the network, Quant (QNT) might enter a bullish trajectory. If the coin grabs the attention of major investors, Quant might rally to hit $400 by 2024.
Quant (QNT) Price Prediction 2025
If Quant (QNT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, Quant would rally to hit $500.
Quant (QNT) Price Prediction 2026
If Quant (QNT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, Quant would rally to hit $600.
Quant (QNT) Price Prediction 2027
If Quant (QNT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, Quant would rally to hit $700.
Quant (QNT) Price Prediction 2028
If Quant (QNT) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, Quant would hit $800 in 2028.
Quant (QNT) Price Prediction 2029
If investors flock in and continue to place their bets on Quant (QNT), it would witness major spikes. Quant might hit $900 by 2029.
Quant (QNT) Price Prediction 2030
With greater advancements in the Quantecosystem, the crypto community might continue to invest in Quant for the next 8 years and drive significant price rallies for the token. Hence, Quant (QNT) might hit $1000 by 2030.
Conclusion
With continuous improvements in the Quant network, we can say that 2022 is a good year for Quant. For this reason, the bullish price prediction of Quant (QNT) in 2022 is $344.4. On the other hand, the bearish price prediction of Quant (QNT) price prediction for 2022 is $48.8.
Furthermore, with the advancements and upgrades to the Quant ecosystem, the performance of Quant would help to reach above its current all-time high (ATH) of $427.42 very soon. But, it might also reach $200 if the investors believe that Quant is a good investment in 2022.
FAQ
Quant (QNT) is the native token of the Quant Network. Quant Network is an operating system based on distributed ledger technology (DLT). It confers universal interoperability via its Overledger Network and multi-chain smart contracts. QNT was launched in an ICO in 2018.
Quant (QNT) has been listed on many crypto exchanges which include Binance, KuCoin, Coinbase Exchange, Gate.io, Bybit and Crypto.com.
With the ongoing developments and upgrades within the Quant Network, Quant (QNT) has a high possibility of reaching its ATH soon.
On September 11, 2021 Quant (QNT) reached its new all-time high (ATH) of $427.42.
Quant (QNT) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Quant in the past few months, QNT is considered a good investment in 2022.
Quant (QNT) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues, Quant (QNT) will hit $200 soon.
Quant (QNT) price is expected to reach $300 by 2023.
Quant (QNT) price is expected to reach $400 by 2024.
Quant (QNT) price is expected to reach $500 by 2025.
Quant (QNT) price is expected to reach $600 by 2026.
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
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Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
