HomeNewscoinquora.comQuant (QNT) Price Prediction 2021 – Will QNT Hit $100 Soon? -CoinQuora

Quant (QNT) Price Prediction 2021 – Will QNT Hit $100 Soon? -CoinQuora

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  • Bullish QNT price prediction ranges from $81 to $95.
  • The QNT price might also reach $100 soon.
  • QNT bearish market price prediction for 2021 is $68.

This Quant (QNT) Price Prediction 2021 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.

There are various cryptocurrencies that rose to a new all-time during this 2021 bull run. In contrast, some crypto assets also faced a price drop. As a result, many digital currency traders are worried about whether it is time to hold or sell their digital assets. This is also the same situation that crypto traders could experience in QNT. 

Nevertheless, the crypto market is consolidating lately, and many cryptocurrencies are losing their previous profits. Will QNT experience the same price volatility? We’ll find out shortly in this QNT price analysis 2021 article.

Overview

Cryptocurrency Quant
Token QNT
Price $76.68
Market cap $926,299,437.68
Circulating Supply 12,072,738 QNT
Total Supply 14,612,493 QNT
Trading Volume  $8,558,206.30
All-time high $104.41     Jun 25, 2021
All-time low $0.1636     Aug 23, 2018

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 over ledger network which connects various blockchain networks. More so, 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 $76 with a 24-hour trading volume of $25,139,961. The price of QNT has decreased by 8.42% in the last 24 hours.

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

Quant (QNT) Price Analysis

Currently, QNT holds 70th place on CoinGecko. 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.

QNT USDT chart showing Ascending Channel Trend pattern
QNT/USDT chart showing Ascending Channel Trend pattern (Source: TradingView)

In the chart above, which is set in a daily time frame, we can see the Ascending Channel Trend pattern. An ascending channel is the price action that takes place in an upward direction through a sloping parallel line. More so, the chart shows the Higher Highs and Higher Lows from this price pattern. Moreover, this pattern indicates a short-term bullish.

As shown above, at the beginning of this month, QNT turned from its bear to bull trend. This is the result of the high trade volume that occurs during that time.

The Relative Strength Index (RSI) is above 58, which means that QNT is in a nearly overbought 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

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 $95 resistance level and move higher.

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 $68, a bearish signal.

Meanwhile, our long-term QNT price prediction for 2021 is bullish. It has a high possibility of reaching new heights. However, that will only happen if it breaks many previous psychological resistances.

Conclusion

Quant has a bright future ahead of it in 2021. 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 2021 is $100. As said above, it may even reach its new ATH if investors have decided that QNT is a good investment in 2021, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

How to Buy QNT Tokens?

Users can obtain QNT tokens by purchasing them from cryptocurrency exchanges such as Coinbase Exchange, Gate.io, KuCoin, Uniswap (V3), and Uniswap (V2).

Will QNT Surpass its Current ATH?

QNT is a good investment in 2021. However, QNT has a high possibility of reaching new heights this year.

Can QNT reach $100 soon?

Yes, it’s very much possible that QNT might reach $100 in the near future as per the current bullish trend.

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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