QuarkChain Price Prediction 2021 – Will QKC Hit $0.09 Soon?
- Bullish QKC price prediction is $0.015 to $0.049.
- The QKC price will also reach $0.09 soon.
- QKC bearish market price prediction for 2022 is $0.0043.
In QuarkChain’s (QKC) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and much other information about QKC to analyze the future movement of the cryptocurrency.
QuarkChain Current Market Status
According to CoinGecko, the price of QKC is $0.012 with a 24-hour trading volume of $16,112,074 at the time of writing. However, QKC has decreased nearly 1.96% in the last 24 hours.
Moreover, QKC has a circulating supply of 6,399,906,497 QKC. Currently, QKC trades in cryptocurrency exchanges such as Binance, Bitrue, Gate.io, KuCoin and MEXC.
What is QuarkChain (QKC)?
QuarkChain (QKC) is a blockchain architecture that seeks to offer consumers a decentralized, safe, and scalable blockchain solution. The platform wants to deliver 100,000+ TPS on-chain (transactions per second).
QuarkChain (QKC) Price Prediction 2022
QuarkChain holds the 280th position on CoinGecko right now. QKC price prediction 2022 is explained below with a daily time frame.
A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contact points. This is because it needs at least two lows to connect, as well as two highs. Buying and selling pressure is equal, and the prevailing direction of price action is sideways. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. When the price hits the top of the channel, sell your existing long position or take a short position. The difference between the other two is that a horizontal channel is characterized as having equal highs and lows.
Currently, QKC is in the range of $0.012. If the pattern continues, the price of QKC might reach the resistance level of $0.015, and $0.033. If the trend reverses, then the price of QKC may fall to $0.0089.
QuarkChain (QKC) Support and Resistance Level
The below chart shows the support and resistance level of QKC.
From the above daily time frame, it is clear the following are the resistance and support levels of QKC.
- Resistance Level 1 – $0.015
- Resistance Level 2 – $0.026
- Resistance Level 3 – $0.049
- Support Level 1- $0.0085
- Support Level 2- $0.0043
The charts show that QKC has performed a bullish trend over the past month. If this trend continues, QKC might run along with the bulls overtaking its resistance level at $0.049.
Accordingly, if the investors turn against the crypto, the price of the QKC might plummet to almost $0.0043, a bearish signal.
QuarkChain Price Prediction 2022 — RVOL, MA, and RSI
The Relative Volume (RVOL) of QKC is shown in the below chart. It is an indicator of how the current trading volume has changed over a period of time from the previous volume for traders. Currently, the RVOL of QKC lies below the cutoff line, indicating weaker participants in the current trend.
More so, the QKC’s Moving Average (MA) is shown in the chart above. Currently, QKC is in a bearish state. Notably, the QKC price lies above 50 MA (short-term), so it is completely in an upward trend. Therefore, there is a possibility of a reversal trend of QKC at any time.
Meanwhile, the relative strength index (RSI) of the QKC is at level 57.99. This means that QKC is nearly in an overbought state. However, this means a major price reversal of QKC may occur in the upcoming days. So, traders need to trade carefully.
QuarkChain Price Prediction 2022 — ADX, RVI
Let us now look at QuarkChain’s Average Directional Index (ADX). 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 QuarkChain. Currently, QKC lies in the range of 62.87, so it indicates a very strong trend.
From the above chart, the Relative Volatility Index (RVI) of QKC. RVI measures the constant deviation of price changes over a period of time rather than price changes. The RVI of QKC lies above the 50 levels, indicating high volatility. In fact, QKC’s RSI is at 57.99 level thus confirming a potential buy signal.
Comparison of QKC with BTC, ETH
The below chart shows the price comparison between Bitcoin, Ethereum, and QuarkChain.
From the above chart, we can identify the trend of the ETH, BTC and QKC is moving at the same level as the trend. This indicates that when the price of BTC increases or decreases, the price of ETH and QKC also increases or decreases respectively.
QuarkChain (QKC) Price Prediction 2023
If the declining price action completely slows down in momentum and the trend reverses, QuarkChain (QKC) might probably attain $0.14 by 2023.
QuarkChain (QKC) Price Prediction 2024
With several upgrades in the network, QuarkChain (QKC) might enter a bullish trajectory. If the coin grabs the attention of major investors, QKC might rally to hit $0.19 by 2024.
QuarkChain (QKC) Price Prediction 2025
If QuarkChain (QKC) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 3 years, QKC would rally to hit $0.23.
QuarkChain (QKC) Price Prediction 2026
If QuarkChain (QKC) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 4 years, QKC would rally to hit $0.28.
QuarkChain (QKC) Price Prediction 2027
If QuarkChain (QKC) sustains major resistance levels and continues to be recognized as a better investment option among investors for the next 5 years, QKC would rally to hit $0.34.
QuarkChain (QKC) Price Prediction 2028
If QuarkChain (QKC) holds up a strong stance as a better investment option for the next 6 years, it might witness significant price rallies. Thus, by 2028, QKC would hit $0.38.
QuarkChain (QKC) Price Prediction 2029
If investors flock in and continue to place their bets on QuarkChain (QKC) , it would witness major spikes. QKC might hit $0.45 by 2029.
QuarkChain (QKC) Price Prediction 2030
With greater advancements in the QuarkChain ecosystem, the crypto community might continue to invest in QuarkChain (QKC) for the next 8 years and drive significant price rallies for the token. Hence, QuarkChain (QKC) might hit $0.50 by 2030.
Conclusion
With continuous improvements in the QuarkChain network, we can say that 2022 is a good year for QKC. For this reason, the bullish price prediction of QuarkChain in 2022 is $0.049. On the other hand, the bearish QKC price prediction for 2022 is $0.0043.
Furthermore, with the advancements and upgrades on the QKC ecosystem, the performance of QKC would help to reach above its current all-time high (ATH) $0.3387 very soon. But, it might also reach $0.09 if the investors believe that QKC is a good investment in 2022.
FAQ
QuarkChain (QKC) is a blockchain architecture that seeks to offer consumers a decentralized, safe, and scalable blockchain solution.
QKC has listed on many crypto exchanges which include Binance, Bitrue, Gate.io, KuCoin, and MEXC.
With the ongoing developments and upgrades within the QKC platform, it has a high possibility of reaching its ATH soon.
On June 05, 2018, QKC reached its new all-time high (ATH) of $0.3387.
QuarkChain (QKC) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of QKC in the past few months, QKC is considered a good investment in 2022.
QuarkChain (QKC) is one of the active cryptos that continues to maintain its Bullish state. Eventually, if this bullish trend continues then QuarkChain (QKC) will hit $0.09 soon.
QuarkChain (QKC) price is expected to reach $0.14 by 2023.
QuarkChain (QKC) price is expected to reach $0.19 by 2024.
QuarkChain (QKC) price is expected to reach $0.23 by 2025.
QuarkChain (QKC) price is expected to reach $0.28 by 2026.
Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Read more: https://thenewscrypto.com/quarkchain-qkc-price-prediction
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
