Quant (QNT) Price Prediction 2023 — Will Quant Hit $200 Soon?

Quant (QNT) Price Prediction 2022 — Will Quant Hit $200 Soon?
  • Bullish Quant price prediction is $148.6 to $342.2.
  • Quant (QNT) price might also reach $200 soon
  • Bearish Quant  price prediction for 2023 is $100.2.

In Quant (QNT) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about Quant to analyze the future movement of the cryptocurrency. 

Quant (QNT) Current Market Status

Current Price $139.93
24 – Hour Trading Volume $56,622,28
24 – Hour Price Change 0.6% Down
Circulating Supply 14,544,190
All – Time High $427.42 (On Sep 11, 2021)  
QNT Current Market Status (Source: CoinGecko)

What is Quant (QNT)?

Quant (QNT) is the native crypto token of the Quant Network. QNT was launched as an ERC-20 token in 2018. Quant Network is an Ethereum-based distributed ledger technology (DLT) operating system (OS). It confers universal interoperability via its Overledger Network and multi-chain smart contracts. 

Overledger Network is the unique feature of the Quant Network. It serves as a blockchain-based API gateway that facilitates the creation and execution of decentralized multi-chain apps (mDApps). The technology went live on Quant Network in September 2021.

The Overledger connects different private blockchains to public blockchains such as Ethereum, Polkadot, and Polygon. It focuses on enhancing the security and interoperability between several blockchains.

Quant (QNT) is deployed in primary use cases. It is used as a payment fee to access services on the Quant Network. It is deployed as license fees by the network’s treasury system to credit its gateway operators.

Quant (QNT) Price Prediction 2023

Quant (QNT) holds the 30th position on CoinGecko right now. Quant price prediction 2023 is explained below with a daily time frame.

Quant /USDT Horizontal Channel Pattern (Source: Tradingview)

The above chart of Quant (QNT) laid out a horizontal channel pattern. A horizontal channel also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it. 

A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.

Currently, Quant (QNT) is in the range of $144.1. If the pattern continues, the price of Quant  might reach the resistance level of $135.2 and  $184.5. If the trend reverses, then the price of Quant may fall to $116.0 and  $100.8.

Quant (QNT) Support and Resistance Levels

The chart below shows the support and resistance levels of Quant (QNT).

Quant /USDT Support and Resistance Levels (Source: Tradingview)

From the above daily time frame, we can clearly interpret the following as the resistance and support levels of Quant (QNT).

Resistance Level 1$148.6
Resistance Level 2$227.5
Resistance Level 3$342.2
Support Level$100.2
QNT Resistance & Support Level

The charts show that Quant (QNT)  has performed a bullish trend over the past month. If this trend continues, Quant might run along with the bulls overtaking its resistance level at $342.2.

Accordingly, if the investors turn against crypto, the price of Quant (QNT) might plummet to almost $100.2, a bearish signal.

Quant (QNT) Price Prediction 2023 — RVOL, MA, and RSI

The Relative Volume (RVOL) of Quant (QNT) is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of Quant lies below the cutoff line, indicating weak participants in the current trend.

Quant /USDT RVOL, MA, RSI (Source: Tradingview)

Also, the Moving Average (MA) of Quant (QNT) is shown in the chart above. Notably, Quant (QNT) price lies above 50 MA (short-term), so it is upward . Currently, Quant has entered a bullish state. Therefore, there is a possibility of a reversal trend of Quant at any time.

Meanwhile, the relative strength index (RSI) of the Quant is 80.03. This means that Quant (QNT) is in an overbought state. However, this means a major price reversal of Quant may occur in the upcoming days. So, traders need to trade carefully.

Quant (QNT) Price Prediction 2023 — ADX, RVI

Let us now look at the Average Directional Index (ADX) of Quant (QNT). It helps to measure the overall strength of the trend. The indicator is the average of the expanding price range values. This system attempts to measure the strength of price movement in the positive and negative directions using DMI indicators with ADX.

BTC Vs ETH Vs Quant Price Comparison (Source: Tradingview)

The above chart represents the ADX of Quant (QNT). Currently, the ADX of Quant lies in the range of 31.08 and thus, it indicates a strong trend. 

The above chart also represents the Relative Volatility Index (RVI) of Quant (QNT). RVI measures the constant deviation of price changes over a period of time. The RVI of Quant lies above 50, indicating high volatility. In fact, the RSI of Quant (QNT) is at 80.03, thus confirming a potential sell signal.

Comparison of Quant with BTC, ETH

The below chart shows the price comparison between Bitcoin (BTC), Ethereum (ETH), and  Quant (QNT).

BTC Vs ETH Vs Quant Price Comparison (Source: Tradingview)

From the above chart, it can be interpreted that BTC, ETH and QNT are moving in a dissimilar trend. This indicates that when the price of BTC and ETH increases, the price of QNT decreases. Also when the price of BTC and ETH decreases, the price of QNT increases.

Quant (QNT) Price Prediction 2024-2030

Numerous factors are taken into account when forecasting prices including volume changes, price variations, market cycles, and similar coins. Let’s predict the price of Quant (QNT) between 2024 and 2030.

Quant (QNT) Price Prediction 2024

If the declining price action completely slows down in momentum and the trend reverses,  Quant (QNT) might probably attain $300 by 2024.

Quant (QNT) Price Prediction 2025

With several upgrades in the network, Quant (QNT) might enter a bullish trajectory. If the coin grabs the attention of major investors, Quant might rally to hit $400 by 2025. 

Quant (QNT) Price Prediction 2026

If Quant (QNT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 3 years, Quant would rally to hit $500.

Quant (QNT) Price Prediction 2027

If Quant (QNT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 4 years, Quant would rally to hit $600.

Quant (QNT) Price Prediction 2028

If Quant (QNT) sustains major resistance levels and continues to be recognized as a better investment option among the investors for the next 5 years, Quant would rally to hit $700.

Quant (QNT) Price Prediction 2029

If Quant (QNT) holds up a strong stance as a better investment option for the next 6 years amid the trends in the highly-volatile crypto market. By driving significant price rallies, Quant would hit $800 in 2029.

Quant (QNT) Price Prediction 2030

If investors flock in and continue to place their bets on Quant (QNT), it would witness major spikes. Quant might hit $900 by 2030.

Conclusion

With continuous improvements in the Quant network, we can say that 2023 is a good year for Quant. For this reason, the bullish price prediction of Quant (QNT) in 2023 is $342.2. On the other hand, the bearish price prediction of Quant (QNT) price prediction for 2023 is $100.2.

Furthermore, with the advancements and upgrades to the Quant ecosystem, the performance of Quant would help to reach above its current all-time high (ATH) of $427.42 very soon. But, it might also reach $200 if the investors believe that Quant is a good investment in 2023.

FAQ

1. What is Quant (QNT)?

Quant (QNT) is the native token of the Quant Network. Quant Network is an operating system based on distributed ledger technology (DLT). It confers universal interoperability via its Overledger Network and multi-chain smart contracts. QNT was launched in an ICO in 2018.

2. Where can you purchase Quant (QNT)?

Quant (QNT) has been listed on many crypto exchanges which include inance, KuCoin, Coinbase Exchange, Gate.io, Bybit and Crypto.com.

3. Will Quant (QNT) reach a new ATH soon?

With the ongoing developments and upgrades within the Quant Network, Quant (QNT) has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Quant (QNT)?

On September 11, 2021 Quant (QNT) reached its new all-time high (ATH) of $427.42.

5. Is Quant (QNT) a good investment in 2023?

Quant (QNT) seems to be one of the top-gaining cryptocurrencies this year. According to the recorded achievements of Quant in the past few months, QNT is considered a good investment in 2023.

6. Can Quant (QNT) reach $200?

Quant (QNT) is one of the active cryptos that continues to maintain its bullish state. Eventually, if this bullish trend continues, Quant (QNT) will hit $200 soon.

7. What will be Quant (QNT) price by 2024?

Quant (QNT) price is expected to reach $300 by 2024.

8. What will be Quant (QNT) price by 2025?

Quant (QNT) price is expected to reach $400 by 2025.

9. What will be Quant (QNT) price by 2026?

Quant (QNT) price is expected to reach $500 by 2026.

10. What will be Quant (QNT) price by 2027?

Quant (QNT) price is expected to reach $600 by 2027.

Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

A devoted content specialist who is inquisitive on exploring crypto and blockchain technology. She is fond of providing innovative contents that tugged her to write for NewsCrypto.