#Quant coin price prediction update

Obviously, CBDCs may have a huge impact on the world as the nature of the economical landscape may change with the former’s implementation. Moreover, a key point may relate to Central Bank Digital Currencies (CBDCs) and their implementation process globally. Read more: #Interoperability /Ij9W38Dll9Īs for Quant’s goal for global scaling, the CEO of Quant Gilber Verdian will speak at the FT Digital Assets Summit, where they will discuss many aspects of globalization in the financial sector. Our new release of #Overledger 2.2.2 brings new tier-two #smartcontract capabilities to mint and burn tokens and account management. The newly introduced tier-two QRC-20 tokens power this update, helping QNT go a step further into global scalability.

#Quant coin price prediction update

This update focuses more on smart contracts and how developers can efficiently utilize burning and minting within the Quant network. Quant’s Distributed Ledger Technology, Overledger, has put out a new update recently. A price of $300 is also attainable if BTC manages to keep growing at the same rate as it has in the last few days. Other things equal, we may see QNT hit $200 in the next few weeks. While a retracement is bound to happen soon, that could only lead to bigger gains for QNT as it creates more room for growth. Assuming that the market moves in this manner and QNT maintains its bullish momentum, then we may see QNT head further high. Price Prediction QNT – April 2022īased on this technical analysis on Quant (QNT), we could see QNT have quite a good few weeks in April. If that happens, then we may see QNT have yet another surge upward in the coming weeks. The Fibonacci retracement levels for a 1-day chart suggest that if QNT retraces in the coming days, then QNT may find strong support at the 38.2% level, which also aligns well with the previous resistance structure. Nonetheless, the lines are now slightly converging, meaning that if the retracement becomes more acute, then the momentum may easily shift into a bearish one. This could see the price of QNT continue growing at the same rate. The MACD line of a 1-day chart is currently above the signal line and above the baseline, indicating that the momentum is quite bullish for Quant. This also shows that the buying pressure for QNT is quite high. Nonetheless, this retracement could see QNT create more space for growth in the coming months of April. Hence, the price has slightly retraced recently.

The RSI of a 1-day chart recently hit above 70, meaning that QNT got overbought. Furthermore, the EMA line may act as a support structure if the price retraces at the same rate. The 9- EMA is also currently below the price of QNT, indicating that the price is bullish in the shorter run as well. Key Structures Supportīoth the 20-MA and the 50-MA lines are currently quite below the price of QNT, meaning that the trend is now bullish for Quant and that the price may increase in the coming weeks or even months. The recent price movement has also created a descending wedge pattern, meaning that the price may eventually have a breakout as the wedge gets narrower, other things equal. Nonetheless, looking only at the past few months, QNT is still bearish, where an increase in the coming days could see the upper trendline be broken and lead to a trend reversal. The longer-term trendline is still bullish, which was recently tested and proved to be a strong support zone. The price has increased by more than 65% in these last few weeks, and the price of QNT is currently facing resistance at $155. The last week of February and the whole month of March were generally bullish for QNT in the daily chart. Nonetheless, the price retraced back close to $90, where it also found support. This increase was an indicator that the trend is reversing for QNT. Nonetheless, the price of QNT managed to have a correction after that, where it increased by around 90% and hit resistance at $160. This marked the lowest point of QNT since late July of 2021. In January alone, QNT dipped by an additional 60%, reaching as low as $85. Quant maintained this bearish approach in the new year as well. This had marked a decline of around 60% from its all-time high. QNT ended the year on a bearish note, where it fluctuated slightly below $200. Quant (QNT) hit its all-time high in September of 2021 at a price of close to $430.