Quant Price Prediction – Will QNT Price Hit $500 in 2022?

This Quant (QNT) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our QNT price analysis and prediction.

Over the past few weeks, the crypto market seems to be making a fast recovery. After the dip two months ago, the crypto market has either remained stagnant or was growing steadily. At the moment, it seems that the crypto industry might finally be on the up and up again.

Will QNT experience the same price volatility? We’ll find out soon in this QNT price analysis 2022 article. But first, let’s have a look at what QNT is.

What is Quant (QNT)?

Quant was founded in June 2018 with the aim of connecting blockchains and networks on a wide scale. However, this is made without reducing the efficiency and interoperability of the network. More so, it is the first project to solve the interoperability issues through the development of the first blockchain operating system.

Moreover, the platform is created as an operating system distributed ledger technology and an over ledger network which connects various blockchain networks. However, the project is billed as the first OS to be created for blockchains. The main focus of Quant utilizing Overledger is to join the gap that exists between various blockchains. However, the backbone of the project is the Overledger network that Quant bills as the ecosystem on which the future digital economy environment will be developed.

Overledger enables developers to create decentralized multi-chain applications (known as MApps) for their customers. For developers to create a Mapp on the network, they must hold a particular amount of Quant tokens (QNT).

Now that we are clear about QNT do you think QNT will be beneficial crypto in 2021? Join me and let us see the charts in this QNT price analysis and QNT price prediction.

Quant (QNT) Current Market Status

As of the time of writing this Quant price analysis, QNT trades at $192.17 with a 24-hour trading volume of $100,883,051. The price of QNT has increased by 16.18% in the last 24 hours.

Currently, the top cryptocurrency exchanges for QNT are  Coinbase Exchange, Gate.io, KuCoin, Binance, Uniswap (V3), and Uniswap (V2). Now, let’s go to the next part of this QNT technical analysis for 2021.

Quant (QNT) Price Analysis 2021

Currently, QNT holds 63rd place on Coinmarketcap. But will the latest upgrades, development, and changes in the QNT blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this QNT price prediction article.

Based on the chart above, QNT positions itself along with the raging bulls. Today, QNT trades at a high price of $190.70. In addition, we can see that QNT recently performed a Descending Channel pattern. A descending channel is the price action that occurs in a downward direction through a falling parallel line.

More so, the chart shows the lower highs and lower Lows forms this price pattern. In addition, this pattern represents a short-term bullish.

In other words, QNT is gearing itself for a possible bullish rally in the days to come. If this happens, the crypto might go beyond its resistance level and reach the bullish price. Of course, this is most likely to happen if the bullish market continues to reside with QNT.

Conversely, if the bulls turn against crypto, the price of QNT might fall. In short, QNT might break out from its uptrend position and nosedive to a bearish price. Indeed, this price level is not a good picture in the eyes of the investors.

The Relative Strength Index (RSI) is at 34.41, which means that QNT is in a nearly oversold state. With this traders need to stay cautious while trading, turning away from further losses.

Let us also look at the Simple Moving Average (SMA) and the Exponential Moving Average (EMA) of QNT.

Since the start of 2021, QNT’s price has seen many bullish moves which are higher than the previous one. More so, these are followed by fluctuations, consolidation, and corrections right away. Taking this into consideration, QNT has a competitive market this 2021.

Quant (QNT) Price Prediction 2021

The chart below shows that QNT has performed great over the past few days. Moreover, the QNT price shows a bullish trend. If this trend continues, QNT might run along with the bulls, overtaking its $436.3 resistance level and move even higher to $500.

Conversely, if the investors turn against the crypto, the bears might take over and push QNT from its uptrend position. In simpler terms, the price of QNT might decrease to almost $185.4, a bearish signal.

Meanwhile, our long-term QNT price prediction is bullish. It has a high possibility of reaching new heights. However, that will only happen if it breaks many previous psychological resistances.

Quant (QNT) Price Prediction 2022

If this bullish trend continues, Quant will reach $650 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $700. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $650 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Quant (QNT) Price Prediction 2023

If QNT holds the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $950, making it not plummet but play consistently.

Quant (QNT) Price Prediction 2024

As per the latest upgrades, developments, QNT price prediction, and new project forecasts of the platform, QNT investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of QNT in the crypto market, and it will be the best investment as the price can spike and reach around $1250.

Quant (QNT) Price Prediction 2025

In the next four years, QNT price could race up to $1500. However, reaching this level could not be so difficult for QNT as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that QNT has a high possibility of reaching new ATH soon in the next five years as per the prediction.

Conclusion

Quant has a bright future ahead of it in 2022. With the ongoing developments happening within the QNT ecosystem, as well as in the overall crypto market, we may see QNT reach new heights.

Bullish QNT price prediction 2022 is $500. As said above, it may even reach its new ATH if investors have decided that QNT is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

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Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

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