Quant (QNT) crypto has exploded in price beyond 20% over the last 48 trading hours and may be hinting towards reaching $150. From the summer lows of 2022, QNT traded at $40 and has already astonishingly recovered by 224%.
Technical analysis could suggest that Quant (QNT) is looking undervalued, we could potentially see QNT reach $1,000 by the next crypto bull run.
Will QNT continue to pump? QNT is available on the OKX exchange.
Quant (QNT) Crypto Price Prediction
Currently QNT Crypto is trading at $128.79 following a euphoric pump all the way up to $145. From a technical analysis perspective QNT could still retrace back down to roughly $100 and still print a higher low which would actually be long term bullish.
According to Coinmarketcap Quant (QNT) crypto has a market capital of $1.5 billion. During the peak of the crypto bull market in 2021 QNT achieved a market capital of $4.75 billion. It is worth noting Quant now has 83% of its maximum supply in circulation, being 12,072,738 QNT tokens.
QNT/USDT – Weekly Time Frame.
January 2022 was an extremely bearish month for Quant (QNT) crypto, the price dropped from $167 to $83 and as a result created panic and anxiety amongst holders.
We can also see that prior to the Terra Luna crash and Bitcoin passing through the 200-week moving average Quant (QNT) crypto was trading within a consolidation pattern known as a horizontal channel.
This particular key support level of roughly $79 was lost, and as a result QNT reached lows of $48.8 and $40.44. One could speculate that $40.44 is the market cycle bottom for QNT, and the recent positive price momentum reflects that the bulls are fully back in control.
QNT ferociously broke through the resistance trendline of the horizontal channel at $130 and has failed the retest to bring it back between the converging resistance and support levels. The ideal bullish scenario is that QNT retests $130 as resistance and strives towards the technical price target of $154.
If the crypto markets flip bullish in October and November as historical data suggests, there is a good chance we might see Quant (QNT) rally towards $154 and even the $167 price levels.
I believe the bearish scenario is that QNT may print a swing-low down to around $100 which would create value for long-term holders and investors to reaccumulate once the relative strength index across the 4-hour and daily time frame cools off. As the saying goes, don’t chase green.
Quant could be setting itself up as one of the best cryptocurrencies to buy now.
Quant (QNT) Crypto Video Analysis
The crypto markets are still volatile and choppy, however I think QNT (Quant) crypto can certainly pass through the $1,000 milestone by the next crypto bull run in 2024-2025.
With enough accumulation and strong protocol upgrades QNT can easily maintain its position as one of the top #50 cryptocurrencies and perhaps even move forward into the top #25.
If you are considering adding QNT (Quant) to your portfolio, the OKX exchange has a limited time offer where you can potentially win $10,000 by signing up.
The OKX CEX recently listed Tamadoge which pumped a whopping 89% to $0.0567 upon launch. TAMA can now be traded on the OKX exchange and is expected to have huge long-term growth potential.
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