Quant (QNT) Price Prediction 2023 — Will Quant Hit $250 Soon?
- Bullish Quant price prediction 2023 is $153.3 to $211.7.
- Quant (QNT) price might also reach $250 soon.
- Bearish Quant price prediction for 2023 is $79.4.
In Quant (QNT) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about Quant to analyze the future movement of the cryptocurrency.
Quant (QNT) Current Market Status
| Current Price | $124.90 |
| 24 – Hour Trading Volume | $25,410,361 |
| 24 – Hour Price Change | 3% up |
| Circulating Supply | 14,544,190 |
| All – Time High | $427.42 (On Sep 11, 2021) |
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 primary use cases. It is used as a payment fee to access services on the Quant Network. It is deployed as license fees by the network’s treasury system to credit its gateway operators.
Quant (QNT) Price Prediction 2023
Quant (QNT) holds the 34th position on CoinGecko right now. Quant price prediction 2023 is explained below with a daily time frame.
The above chart of Quant (QNT) laid out a falling wedge pattern. In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal.
This pattern indicates a breakout in the price trend towards an upswing. From the above chart, we can interpret that the momentum of the downtrend is slowing down.
Currently, Quant (QNT) is in the range of $140.21. If the pattern continues, the price of Quant might reach the resistance level of $132.2 and $147.9. If the trend reverses, then the price of Quant may fall to $119.1.
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 | $153.3 |
| Resistance Level 2 | $211.7 |
| Support Level 1 | $101.6 |
| Support Level 2 | $79.4 |
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 $211.7.
Accordingly, if the investors turn against crypto, the price of Quant (QNT) might plummet to almost $79.4, a bearish signal.
Quant (QNT) Price Prediction 2023 — RVOL, MA, and RSI
The Relative Volume (RVOL) of Quant (QNT) 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) shown in the chart above. Notably, Quant (QNT) price lies below 50 MA (short-term), so it is downward. Currently, Quant has entered a bearish 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 36.38. This means that Quant (QNT) is in an neither overbought nor oversold 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 2023 — 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 17.5 and thus, it indicates a weak 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 36.38, thus confirming a potential sell signal.
Comparison of Quant with BTC, ETH
The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), 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 2024-2030
Numerous factors are taken into account when forecasting prices including volume changes, price variations, market cycles, and similar coins. Let’s predict the price of Quant (QNT) between 2024 and 2030.
Quant (QNT) Price Prediction 2024
If the declining price action completely slows down in momentum and the trend reverses, Quant (QNT) might probably attain $255 by 2024.
Quant (QNT) Price Prediction 2025
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 $261 by 2025.
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 3 years, Quant would rally to hit $266.
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 4 years, Quant would rally to hit $270.
Quant (QNT) Price Prediction 2028
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 $273.
Quant (QNT) Price Prediction 2029
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 $277 in 2029.
Quant (QNT) Price Prediction 2030
If investors flock in and continue to place their bets on Quant (QNT), it would witness major spikes. Quant might hit $280 by 2030.
Conclusion
With continuous improvements in the Quant network, we can say that 2023 is a good year for Quant. For this reason, the bullish price prediction of Quant (QNT) in 2023 is $211.7. On the other hand, the bearish price prediction of Quant (QNT) price prediction for 2023 is $79.4.
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 $250 if the investors believe that Quant is a good investment in 2023.
FAQ
1. What is Quant (QNT)?
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.
2. Where can you purchase Quant (QNT)?
Quant (QNT) has been listed on many crypto exchanges which include Binance, KuCoin, Coinbase Exchange, Gate.io, Bybit and Crypto.com.
3. Will Quant (QNT) reach a new ATH soon?
With the ongoing developments and upgrades within the Quant platform, Quant has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Quant (QNT)?
On September 11, 2021 Quant (QNT) reached its new all-time high (ATH) of $427.42.
5. Is Quant (QNT) a good investment in 2023?
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, Quant is considered a good investment in 2023.
6. Can Quant (QNT) reach $250?
Quant (QNT) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues then Quant (QNT) will hit $250 soon.
7. What will be Quant (QNT) price by 2024?
Quant (QNT) price is expected to reach $255 by 2024.
8. What will be Quant (QNT) price by 2025?
Quant (QNT) price is expected to reach $261 by 2025.
9. What will be Quant (QNT) price by 2026?
Quant (QNT) price is expected to reach $266 by 2026.
10. What will be Quant (QNT) price by 2027?
Quant (QNT) price is expected to reach $270 by 2027.
Top Crypto Predictions
- Binance Coin (BNB) Price Prediction 2023
- Kava (KAVA) Price Prediction 2023
- Baby Doge Coin (BABYDOGE) Price Prediction 2023
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.
Read more: https://thenewscrypto.com/quant-qnt-price-prediction-2022-will-qnt-hit-400-soon/
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
