Will QNT Price Hit $200 Soon?

  • Bullish QNT price prediction ranges from $193.56 to $201.56.
  • QNT price might also reach $200 this 2023.
  • QNT’s bearish market price prediction for 2023 is $82.62.

Launched in 2018, Quant (QNT) is a blockchain interoperability network, that hopes to connect various blockchains and networks on a global scale, without reducing efficiency. Reportedly, Quant is the first project to solve the interoperability problem. Moreover, Quant still continues to bridge the gap that exists between different blockchains. 

The platform has its own utility token called QNT. As a utility token for the Quant ecosystem, QNT can be used as a form of payment within the platform. For instance, users can pay the fees when utilizing Overledger, the backbone of the Quant network. 
If you are interested in the future of Quant (QNT) and want to know the price analysis and price prediction of QNT for 2023, 2024, 2025, 2026, and up to 2030, keep reading this Coin Edition article.

Quant (QNT) Overview

🪙 NameQuant
💱 Symbolqnt
🏅 Rank#39
💲 Price$112
📊 Price Change (1h)-0.63813 %
📊 Price Change (24h)0.52815 %
📊 Price Change (7d)0.50026 %
💵 Market Cap$1628952699
📈 All Time High$427.42
📉 All Time Low$0.215773
💸 Circulating Supply14544176.1641 qnt
💰 Total Supply14612493 qnt

What is Quant (QNT)?

Quant was launched as a means to link blockchains and networks on a global scale while maintaining network efficiency and interoperability. Reportedly, it is the first project to address the issue of interoperability by developing the first blockchain operating system. The project is designed as an operating system for distributed ledger technology, as well as an Overledger Network for connecting several blockchain networks. 

The platform has its own utility token called QNT. As a utility token for the Quant ecosystem, QNT can be used as a form of payment within the platform. For instance, users can pay the fees when utilizing Overledger, the backbone of the Quant network. 

Quant’s major goal, via Overledger, is to bridge the gap between different blockchains. The Overledger network serves as the project’s backbone, and Quant bills it as the environment in which the future digital economic ecosystem will be created.

Quant creates different layers allowing apps to communicate at different levels, rather than many blockchain interactions. Quant features several layers for transactions, messaging, filtering, and ordering, as well as an application for sharing and referencing identical messages from other applications.

Analyst Views’ on Quant (QNT)

Ben Armstrong, a popular crypto analyst, tweeted that QNT is one of the altcoins he would love for the next crypto bull market. It is evident that QNT has been under the spotlight of many crypto analysts and traders, as they expect a bull run for QNT. 

Another crypto analyst under the pseudonym of James Bull, also pointed out that QNT, among other three other altcoins, could experience a 100x bull run by the end of 2024. This is another indication that traders and the crypto community are expecting a bullish run for QNT.

However, one crypto analyst called “il Capo Of Crypto” forecasted that QNT could fall down. The crypto community was excited about the forecast claiming it would be a good time to purchase the altcoin, expecting it to experience a bullish sentiment after facing its fall. This is another confirmation that QNT’s price drop would be treated as an opportunity to buy the altcoin at a cheaper price, expecting a bullish run in the future.

Quant (QNT) Current Market Status

QNT is ranked in the 40 position based on its market capitalization, according to CoinMarketCap. The current circulating supply of QNT’s native token is at 12,072,738 QNT, while its total supply is 14,881,364. 

Moreover, QNT is priced at $111.84, experiencing a 0.96% fall in seven days. With a market cap of $1,349,966,562, QNT also witnessed a 0.74% fall in 24 hours. Moreover, QNT is currently experiencing a rising demand as the trading volume, valued at $16,088,901, experienced a spike of 29.70%% in one day.

Some of the crypto exchanges for trading QNT are currently Binance, CoinBase, Kraken, and KuCoin. 

Now, let’s dive further and discuss the price analysis of Quant Network’s native token, QNT, for 2023.

Quant (QNT) Price Analysis 2023

Will the Quant ecosystem’s most recent improvements, additions, and modifications help its price rise? Moreover, will the changes in the crypto industry affect QNT’s sentiment over time? Read more to find out about QNT’s 2023 price analysis.

Quant (QNT) Price Analysis – Bollinger Bands

The Bollinger Bands is a technical analysis tool that is used to analyze price movement and volatility. Bollinger Bands (BB) utilizes the time period and the stand deviation of the price. Normally, the default value of BB’s period is set at 20. The Bollinger Bands consists of upper and lower bands which can be used together, along with the middle line(simple moving average), to determine whether the price would rise or fall. 

The upper band of the BB is calculated by adding 2 times the standard deviations to the middle line, while the lower band is calculated by subtracting 2 times the standard deviation from the middle line. Based on the empirical law of standard deviation, 95% of the data sets will fall within the two standard deviations of the mean. As such, the prices of the cryptocurrency, when the Bollinger bands are applied should stay within the upper and lower bands 95% of the time is the concept behind this.

QNT/USDT 1-Day Chart Showing Bollinger Bands (Source: TradingView)

The chart shows that whenever the bands expanded QNT experienced high volatility and there was a trend reversal observed. For instance, QNT started off bullish, however, after experiencing high volatility, the altcoin fell into the bottom half of the Bollinger Band. Moreover, most of the time QNT has been experiencing a little volatility.

However, recently, the distance between the bands is narrow, indicating that QNT is facing low volatility in the market. The recently-formed upper band and the lower band are pointed toward each other, indicating that QNT could continue to face low volatility for some time. If the gap between the band further reduces, then, QNT could continue to trade sideways. Currently, QNT is in the lower half of the indicator, indicating that the altcoin is facing a weak trend. 

Observing QNT’s past behavior, there is a high possibility that the altcoin continue upward as the bands expand. 

Quant (QNT) Price Analysis – Relative Strength Index

The Relative Strength Index (RSI) is a momentum indicator utilized to find out the current trend of the price movement and determine if it is in the oversold or overbought region. Traders often use this tool to make decisions about when to buy or sell the tokens. When the RSI is often valued below or at 30, it is considered an oversold region, and a price correction could happen soon. Moreover, when the RSI is valued above or at 70, it is considered as the overbought region, and traders expect the price could fall soon.

QNT/USDT 1-Day Chart Showing Relative Strength Index (Source: TradingView)

The RSI is valued at 42.94, indicating that QNT is facing a weak trend as the values are between 50 and 30.  In 2023, QNT reached the overbought region and the oversold region as more buyers and sellers entered the market, respectively. Currently, the RSI is pointed downwards and touched the SMA. 

If the RSI continues to move downward, it would be below the SMA. This would confirm that QNT will be facing a bear market over time. However, there is still a chance that the RSI would not cross below the SMA, and continues to reside above it. If the RSI is above the SMA, then, the QNT could start climbing upwards in the bullish market.

Quant (QNT) Price Analysis – Moving Averages

QNT/USDT 1-Day Chart Showing Moving Average (Source: TradingView)

The chart highlights that the 50MA is below the 200MA, after its formation of the death cross. The death cross is a potential signal that determines if a digital asset would face bearish sentiment. Moreover, the candlesticks are trading below the 50MA and the 200MA, which further confirmed QNT’s bearish sentiment.

Earlier, the triangle area shows that QNT was showing signs of consolidation, as the candlestick was trading in between the MA indicators. After some time, QNT broke through the MA indicators and traded above, showing signs of bullish sentiment. 

Although the candlesticks are currently trading below the indicators, there is a high possibility that it could reach above indicators as the gap between them is narrow. If the gap between the indicators continues to reduce, then, a golden cross could form with QNT trading above the 50MA and the 200MA.

Quant (QNT) Price Analysis – Moving Averages Convergence Divergence

The Moving Average Convergence Divergence (MACD) indicator can be used to identify potential price trends, momentums, and reversals in markets. MACD will simplify the reading of a moving average cross easier. The MACD indicator is calculated by subtracting the long-term EMA (Exponential Moving Average) indicator from the short-term EMA. Normally, the default values for the MACD are set at 12-day EMA, 26-day EMA, and 9-day EMA. Moreover, MACD is considered a lagging indicator as it cannot provide trade signals without any past price data. 

Traders have reported that occasionally the Moving Average could create false signals about the price momentum, however, MACD plays an important role as it can confirm the trends and identify the potential reversals.

Furthermore, there are two methods through which traders can speculate the price’s momentum: the crossover method and the histogram method. In the crossover method, when the MACD line crosses above the signal line, the trend could change from a downtrend to a long trend. However, if MACD crosses below the signal line, this could indicate the start of a downtrend.

In the Histogram method, the bars above the signal line indicate an uptrend. Meanwhile, the Histogram bars below the signal line indicate a bearish trend.

QNT/USDT 1-Day Chart Showing Moving Average Convergence Divergence (Source: TradingView)

The MACD indicator claims that QNT could possibly experience a bullish sentiment over time. The MACD line is currently above the signal line, which is considered a bullish signal. If the distance between the MACD line and the signal continues to rise up, then, there is a high possibility that QNT could to reside within the safe haven of the bull’s home. However, if the MACD line falls below the signal, then, traders can expect the bears to come and rule over the altcoin.

Quant (QNT) Price Prediction 2023-2030 Overview

YearMinimum PriceAverage PriceMaximum Price
2023$100.67$149.85$201.60
2024$187.67$229.81$250.76
2025$257.83$284.20$301.59
2026$286.52$300.58$326.54
2027$303.71$340.84$360.93
2028$336.77$359.87$384.59
2029$365.48$392.28$410.95
2030$401.67$432.41$450.08
2040$559.81$576.21$580.91
2050$685.03$697.95$702.34

Quant (QNT) Price Prediction 2023

QNT/USDT 1-Day Chart (Source: TradingView)

Even though QNT is below the 50MA, the MACD line feels optimistic with the altcoins price movement. The MACD line is above the signal line, indicating a bullish sentiment for QNT. However, the distance between the MACD line and the signal line is narrow, indicating that QNT could fall back into the bear trap. 

Moreover, the ADX is valued at 24.16, which indicates that QNT is experiencing a strong trend. However, the indicator is pointed down, indicating that there is a high possibility that the strength of the trend could become weak. 

Ultimately, there are signals for both bullish and bearish sentiment and it would be best to first wait for confirmation from all the indicators before deciding the trade. 

Meanwhile, the forecast for QNT remains to be bullish and is expected to reach beyond the level of $193.56. The bearish price prediction for QNT ranges from $63.01 to $82.62.

Bullish Price PredictionBeraish Price Prediction
$193.56 – $201.56$63.01 – $82.62

Quant (QNT) Price Prediction – Resistance and Support Levels

QNT/USDT 1-Day Chart (Source: TradingView)

Looking at the charts, QNT is trading between the Resistance 1 and the Support. If it continues to trade upwards, then, QNT could reach the gates of Resistance 1 at $193.02. Moreover, if it trades beyond the Resistance 1 region, then, it could reach the Resistance 2 region at $249.5, which is an extremely bullish area for QNT.

However, if QNT falls under the bear trap, then, there is a possibility that QNT could fall into the Support at $63.01 – $82.62.

Quant (QNT) Price Prediction 2024

Traders are looking forward to this year as it could be a historic moment for cryptocurrencies, as the Bitcoin halving is expected to happen in 2024. Most of the time, whenever BTC rises, traders have observed a similar surge in the altcoins. QNT could also be affected by Bitcoin halving and could trade beyond the price of $250 by the end of 2024.

Quant (QNT) Price Prediction 2025

QNT could still experience the after-effects of the Bitcoin halving and is expected to trade above its 2024 price. Many trade analysts speculate that BTC halving could create a huge impact on the crypto market. Moreover, similar to many altcoins, QNT would continue to rise in 2025 forming new resistance levels. It is expected that QNT would trade beyond the $301 level.

Quant (QNT) Price Prediction 2026

It is expected that after a long period of bull run, the bears would come into power and start negatively impacting the cryptocurrencies. During this bearish sentiment, QNT could tumble into its support region of $309. Moreover, when QNT remains in the oversold region, there could be a price correction soon. QNT, by the end of 2026, could be trading beyond the $320 resistance level after experiencing the price correction.

Quant (QNT) Price Prediction 2027

Naturally, traders expect a bullish market sentiment after the crypto industry was affected negatively by the bears’ claw. QNT is expected to rise after its slumber in the bear season. Moreover, QNT could even break more resistance levels as it continues to recover from the bearish run. Therefore, QNT is expected to trade at $360 by the end of 2027.

Quant (QNT) Price Prediction 2028

Once again, the crypto community is looking forward to this year as there will be a Bitcoin halving. Alike many altcoins, QNT will continue to form new higher highs and is expected to move in an upward trajectory. Hence, QNT would be trading at $380 after experiencing a massive surge by the end of 2028. 

Quant (QNT) Price Prediction 2029

2029 is expected to be another bull run due to the aftermath of the BTC halving. However, traders speculate that the crypto market would gradually become stable by this year. In tandem with the stable market sentiment and the slight price surge expected after the aftermath, QNT could be trading at $410 by the end of 2029.

Quant (QNT) Price Prediction 2030

After witnessing a bullish run in the market, QNT and many altcoins would show signs of consolidation and might trade sideways for some time while experiencing minor spikes. Therefore, by the end of 2030, QNT could be trading at $450.

Quant (QNT) Price Prediction 2040

The long-term forecast for QNT indicates that this altcoin could reach a new all-time high(ATH). This would be one of the key moments as HODLERS may expect to sell some of their tokens at the ATH point. However, QNT may face a slight fall before starting its upward journey once again. It is expected that the average price of QNT could reach $580 by 2040.

Minimum PriceAverage PriceMaximum Price
$559.81$576.21$580.91

Quant (QNT) Price Prediction 2050

The community believes that there will be widespread adoption of cryptocurrencies, which could maintain gradual bullish gains. By the end of 2050, if the bullish momentum is maintained, QNT could surpass the resistance level of $700.  

Minimum PriceAverage PriceMaximum Price
$685.03$697.95$702.34

Conclusion

QNT has been part of the watch-out list for many investors as it aims to make its mark in the crypto industry. If investors continue to show interest in QNT and add these tokens in their portfolio, then, it could continue to rise up. QNT’s bullish price prediction shows that it could pass beyond the $200 level. Moreover, QNT could surpass the $700 level by the end of 2050. 

FAQ

What is Quant (QNT)?

Quant was launched as a means to link blockchains and networks on a global scale while maintaining network efficiency and interoperability. Reportedly, it is the first project to address the issue of interoperability by developing the first blockchain operating system. The project is designed as an operating system for distributed ledger technology, as well as an Overledger Network for connecting several blockchain networks. 

How to buy Quant (QNT)?

QNT can be traded on many exchanges such as Binance, CoinBase, Kraken, and KuCoin. 

Can QNT reach $200 soon?

QNT is one of the potential assets that remains to be in the spotlights of various traders and crypto analysts. If QNT experiences an extremely bullish sentiment, then, the altcoin could reach $200 this year. 

Is QNT a good investment?

QNT has the potential to trade beyond the levels of $300 by 2025 and remains to be the key altcoin many traders and crypto analysts are looking forward to and expecting a bullish run. 

What Is the lowest price of QNT?

The lowest QNT price is $0.1638, which was attained on August 23, 2018, according to CoinMarketCap.

What is the All-Time High of QNT?

QNT achieved its All-Time High of $428,38 in 2021.

Which year was QNT launched?

QNT was launched in June 2018.

Who are the co-founders of QNT?

Gilbert Verdian founded QNT.

What is the maximum supply of QNT?

The maximum supply of QNT is 14,881,364.

How do I store QNT?

QNT can be stored in a cold wallet, hot wallet, or exchange wallet.

What will be the QNT price in 2023?

QNT is expected to reach $193.56 in 2023.

What will be the QNT price in 2024?

QNT is expected to reach $250 in 2024.

What will be the QNT price in 2025?

QNT is expected to reach $301 in 2025.

What will be the QNT price in 2026?

QNT is expected to reach $320 in 2026.

What will be the QNT price in 2027?

QNT is expected to reach $360 in 2027.

What will be the QNT price in 2028?

QNT is expected to reach $380 in 2028.

What will be the QNT price in 2029?

QNT is expected to reach $410 in 2029.

What will be the QNT price in 2030?

QNT is expected to reach $450 in 2030.

What will be the QNT price in 2040?

QNT is expected to reach $580 in 2040.

What will be the QNT price in 2050?

QNT is expected to reach $700 in 2024.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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