- Bullish QNT price prediction ranges from $233 to $432.
- The QNT price might also reach $500 soon.
- QNT bearish market price prediction for 2021 is $150.20.
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 is 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 overledger 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 2022? 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 $177.23 with a 24-hour trading volume of $48,560,987. The price of QNT has increased by 1.69% in the last 24 hours.
Quant (QNT) Price Analysis
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.
In the chart above, which is set in a daily time frame, we can see the Descending Channel pattern. A descending channel is the price action that takes place in a downward direction through a sloping parallel line. Also, the chart displays the lower highs and lower lows from this price pattern. More so, this pattern represents 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 happened in that period.
The Relative Strength Index (RSI) is at 44.40, 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 2022.
Quant (QNT) Price Prediction 2022
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 $432 resistance level and moving 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 $150.2, a bearish signal.
Meanwhile, our long-term QNT price prediction for 2022 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 2023
If this bullish trend continues, Quant will reach $650 by the end of 2023. Moreover, the first half of 2023 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 2024
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 2025
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 2025. 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 2026
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 a new ATH soon in the next five years as per the prediction.
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.
QNT is an Ethereum token that powers Quant Network’s Overledger brand of enterprise software solutions, which aim to connect public blockchains and private networks. Quant Network enables the creation of so-called MApps, which allow decentralized applications to run simultaneously on multiple blockchains.
Users can obtain QNT tokens by purchasing them from cryptocurrency exchanges such as Coinbase Exchange, Gate.io, KuCoin, Uniswap (V3), and Uniswap (V2).
QNT is a good investment in 2022. However, QNT has a high possibility of reaching new heights this year.
Yes, it’s very much possible that QNT might reach $500 in the near future as per the current bullish trend.
Quant (QNT) price is possible to reach $650 by 2023.
Quant (QNT) price is possible to reach $950 by 2024.
Quant (QNT) price is possible to reach $1250 by 2025.
Quant (QNT) price is possible to reach $1500 by 2026.
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.