Quant

Get Quant (QNT) all time high price, historical charts, latest news and other information.

Like most cryptocurrencies, Quant (QNT) has witnessed a considerable price rally over the past weeks. The token has added more than 8.24% over the past 24 hours. 
Even the broader cryptocurrency market has recently seen tremendous improvement in its prices. Reports revealed that the cryptocurrency market outperformed the traditional equity market.
QNT saw a 14-day gain of 26.8% and a 7-day price surge of 7.58%. These performances could be credited to improving economic conditions and recent improvements on the Quant Network. 

What Factors Could Be Driving Quant Price Up?
Quant Network is an interoperability-enabling platform launched to connect several blockchains effectively. The Quant token price often moves in response to changes in the U.S. economy.
For example, the Consumer Price Index (CPI) for December at 6.5% showed a value in line with market expectations. CPI is a metric in the United States that measures inflation. A higher CPI signifies high inflation, while a lower value indicates a reduction. The crypto market had positive sentiments before the CPI release, which boosted the sector, including QNT.
Over the past weeks, Quant showed signs of a breakout from the descending channel. A movement above the descending channel often indicates a potential breakout, which drives the price upwards. This trend could also be one of the factors influencing Quant’s rally.
Data indicates that Quant might have seen a double-bottom on the daily time frame while the cryptocurrency broke out of a channel that pushed the price action upwards.
Also, Quant oscillators and the 7-day Moving Average is currently showing a strong buy. It could be among the factors driving QNT’s price upwards. Also, the fear and greed index is showing neutral.
Latest developments on the Quant Network could also be among the factors driving the asset price upwards. The Quant Network designs secure bridges for asset transfer. Bridges are networks used for asset transfer from one network to another. But it is common knowledge that bridges are usually susceptible to hack attacks. 

Quant Price Predictions, will it Continue Soaring? 
QNT is currently trading at $154.91. The coin is above its 50-day and 200-day Simple Moving Average (SMA). The formation of a golden cross in the coming weeks is likely if the 50-day SMA crosses over the 200-day SMA. 
Quant’s support levels are $137.30, $139.09, and $141.27. It has broken its resistance levels at $145.24, $147.02, and $149.21. The token is currently under bullish pressure. A new resistance will form at the $164.67 level, with the old resistance levels turning to support. The formation of a long green candle today shows the bulls have controlled most of the trading activity.
Quant’s Relative Strength Index (RSI) reading is 72.97, which is in the overbought region. That is also a bullish signal. The MACD (Moving Average Convergence/Divergence) is now above the signal line showing positive readings. Expect the positive trend to sustain for a few more weeks. Although the token might record a slight price correction, it will remain bullish for the short term.

Please note that altcoins are relatively volatile and might deviate from a predicted trend. Also, an altcoin that loses half its value must recover 100% to return to its original price. However, they provide opportunities for traders who love volatile markets to profit with proper risk management techniques.



Like most cryptocurrencies, Quant (QNT) has witnessed a considerable price rally over the past weeks. The token has added more than 8.24% over the past 24 hours. Even the broader cryptocurrency market has recently seen tremendous improvement in its prices. Reports revealed that the cryptocurrency...

newsbtc.com

Quant (QNT) Adds 8% In The Last 24 Hours, Will It Continue To Soar?


The Quant (QNT) price has created a bearish pattern inside a confluence of resistance levels near an average price of $145.50. A rejection from the area is the most likely Quant price forecast.



The Quant price has increased inside a long-term ascending parallel channel since Nov. 14, 2022. Such channels usually contain corrective movements, meaning that an eventual breakdown from it would be expected. While trading in the channel, QNT reached a maximum price of $148.70.



Currently, the price is facing resistance from both the channel’s resistance line and the 0.382 Fib retracement resistance level at $145.50. Therefore, whether it breaks out or gets rejected from this area could determine the future trend’s direction. 



If a breakout transpires, the next resistance would be at $177, created by the 0.618 Fib retracement resistance level. On the other hand, a rejection could lead to a downward movement toward the channel’s support line at $120.



A look at a lower time frame is required in order to determine which will occur.



QNT/USDT Daily Chart. Source: TradingView



Quant Price Prediction for Feb: Is the Bulls’ Party Over?



The technical analysis from the short-term six-hour chart provides a more bearish outlook. There are several reasons for this. 



First, the QNT price has created a double top pattern. This is considered a bearish pattern that often leads to bearish trend reversals. To add to the negative outlook, the pattern was combined with bearish divergence in the RSI. 



Second, the movement inside the channel looks like a completed A-B-C corrective structure (white). Since the channel is considered a corrective pattern, this fits perfectly with the bearish reading. 



Finally, the confluence of resistance levels increases the possibility that the QNT price will get rejected. 



In turn, this provides a bearish Quant price prediction for Feb., indicating that the Quant price will eventually break down from the channel.



QNT/USDT Six-Hour Chart. Source: TradingView



To conclude, the most likely Quant price prediction for Feb. is a gradual decrease and eventual breakdown from the channel. If this occurs, it could take the QNT price to the Nov. lows at $92. 



On the other hand, breaking out from the channel would invalidate this bearish outlook and suggest that the QNT price will increase toward $177.



For BeInCrypto’s latest crypto market analysis, click here.
The post Quant (QNT) Price Slides Despite Bullish Crypto Market: What You Should Know appeared first on BeInCrypto.


The Quant (QNT) price could plunge is it fails to break out above the $145.50 resistance area.
The post Quant (QNT) Price Slides Despite Bullish Crypto Market: What You Should Know appeared first on BeInCrypto.


beincrypto.com

Quant (QNT) Price Slides Despite Bullish Crypto Market: What You Should Know

Popular quant analyst PlanB says the recent Bitcoin (BTC) rally isn’t the bull trap many investors are weary of.
PlanB tells his 1.8 million Twitter followers that several benchmark indicators are suggesting that what many believe is a bull trap is in fact the start of a new bull cycle.

“To be clear, in my opinion current Bitcoin pump is not a bull trap but the (early) start of the next bull run.”
Plan B says that an upward move of the Relative Strength Index (RSI) indicates bullishness for Bitcoin, even though the RSI remains at the historic lows seen in both 2015 and 2019.
“Bitcoin is getting stronger (RSI).”
Source: PlanB/Twitter
He says that Bitcoin has already found its bottom for the current bear market cycle, doubling down on his previous position that Bitcoin’s bottom was $15,500 in November 2022. He predicts the next halving event in 2024 will drive Bitcoin’s price to $32,000.
Plan B also says the historic price correlation between the S&P 500 index and Bitcoin shows the king crypto asset has more room to climb.
“BTC playing catch-up with S&P (S&P implied BTC price $54,000).” 
Source: PlanB/Twitter
“BTC has been correlated with S&P (and other assets) from the start. The difference is that if S&P jumps, BTC jumps much much harder. In the chart below S&P jumps from roughly 1,000 to 4,000, while BTC jumps from roughly 1 to 20,000.” 
Source: PlanB/Twitter
At time of writing, Bitcoin is changing hands at $21,115.
Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox 

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix



Check Latest News Headlines

&nbsp


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Sensvector
The post Quant Analyst PlanB Says New Bitcoin Bull Market Just Started As Several Indicators Scream Strength appeared first on The Daily Hodl.


Popular quant analyst PlanB says the recent Bitcoin (BTC) rally isn&#8217;t the bull trap many investors are weary of. PlanB tells his 1.8 million Twitter followers that several benchmark indicators are suggesting that what many believe is a bull trap is in fact the start of a new bull cycle. “To...

dailyhodl.com

Quant Analyst PlanB Says New Bitcoin Bull Market Just Started As Several Indicators Scream Strength

Quantitative analyst PlanB is doubling down on his prediction that Bitcoin (BTC) could meteorically ascend in the next bull market.
PlanB tells his 1.8 million Twitter followers that he believes Bitcoin bottomed out at $15,500 back in November of 2022 and short-term holders are now in profit territory, a traditionally bullish signal.

The quant analyst also says that he sees the flagship crypto asset soaring above $30,000 around the 2024 halving prior to a parabolic surge in 2025.
“My two cents on Bitcoin price:
– November 2022 low of $15,500 was the bottom.
– BTC has crossed Short Term Holder (STH) and will rise into 2024 halving and subsequent 2025 bull market. Several on-chain signals confirm STH signal.
– 2024 halving will be > $32,000
– 2025 bull market > $100,000″
Source: PlanB/Twitter
Bitcoin is trading at $20,878 at time of writing, up over 11% in the last 24 hours.
According to the quant analyst, the upcoming bull market will have a wide range, and it could see the flagship crypto asset go up to $1 million, an increase of about 4,689% from current prices.
“In fact, I think the bull market range will be $100,000 – $1 million, but many people don’t understand the wide margins (or the volatility that creates them), so I pinned it at the indeed comfortable $100,000.”
Should Bitcoin peak at the low end of the range, it still represents a nearly 380% increase for the king crypto.
Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox 

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix



Check Latest News Headlines

&nbsp


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney
The post Quant Analyst PlanB Says Bitcoin Bottom Is In, BTC To Explode by Up to 4,689% – Here’s His Timeline appeared first on The Daily Hodl.


Quantitative analyst PlanB is doubling down on his prediction that Bitcoin (BTC) could meteorically ascend in the next bull market. PlanB tells his 1.8 million Twitter followers that he believes Bitcoin bottomed out at $15,500 back in November of 2022 and short-term holders are now in profit terr...

Quant Analyst PlanB Says Bitcoin Bottom Is In, BTC To Explode by Up to 4,689% – Here’s His Timeline

Crypto insights firm Santiment says that one Ethereum-based altcoin just experienced its largest surge in whale activity in almost a year and a half.
According to Santiment, interoperability blockchain Quant (QNT) had 187 six-figure transactions on January 7th, the most since September of 2021.

“After its modest +10% price spike after its last whale activity spike on Dec. 30th, Quant has now shown a much larger amount of whale transactions on its network today. There are 187 QNT transactions valued at $100,000+ today, its largest in 16 months.”
Source: Santiment/Twitter
The Quant Network, powered by QNT, is a protocol that aims to build connections between blockchains and provide real-world solutions that lower costs, enable new business and mitigate risk.
QNT printed a green candle last week, putting in over 10% gains as the Ethereum-based token rallied from $105 on January 4th to $116 at time of writing.
Santiment also says that while crypto markets are slowly recovering as 2023 unfolds, they remain tightly correlated to the equities market. According to the firm, a break of the link between the two markets would be positive for Bitcoin (BTC).
“Crypto markets are continuing their steady 2023 recoveries, especially Ethereum & altcoins. After some separation between the SP500 & Bitcoin following the FTX implosion, the two remain very correlated. A correlation break would be good for BTC.”
Source: Santiment/Twitter
At time of writing, Bitcoin is trading at $17,187.
Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox 

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix



Check Latest News Headlines

&nbsp


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Ziema/Pooh Yuphayao
The post Ethereum-Based Altcoin Witnesses Largest Spike in Whale Activity in Nearly 18 Months: Analytics Firm Santiment appeared first on The Daily Hodl.


Crypto insights firm Santiment says that one Ethereum-based altcoin just experienced its largest surge in whale activity in almost a year and a half. According to Santiment, interoperability blockchain Quant (QNT) had 187 six-figure transactions on January 7th, the most since September of 2021. &...

Quant price	$151.92
Low - High 24H	$148.75 - $153.61
Market cap	$2.21B
Volume 24H	$28.34M
All time high	$427.42 -64.46% September 11th 2021
All time low	$0.215773 70301.94% August 23rd 2018
Genesis date	N/A

Recently viewed

Trending

Quant (QNT)

Performance

Quant News

Quick stats