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Quant Price Analysis: QNT Coin Price Hits All Time High As The BTC Continues To Rise

  • QNT Coin price has recently reached its all time high of $147 in the past trading session. It can soon reach beyond the level of $150 .
  • Technical indicators of Quant price suggest a correction in the price. Meanwhile, the QNT/BTC pair has seen a gain of 9.39% in the past 24 hours.

QNT coin is currently ranked 59th in the CMC and has a market dominance of 0.1%.  The volume of the Quant has seen a jump of more than 218% in the last 24 hours. Volume to market capitalization ratio of the asset price suggests a bullish momentum of the Quant price.

Why To Invest In QNT Coin?

Quant coin was launched in 2018 and its aims to connect blockchains and networks on a global scale without reducing the efficiency and interpolablity of the network .QNT is the first one to create the operating systems of block chain and has solved the interpolable problem of the blockchain network.

It is built as an operating system distributed ledger technology for connecting various networks. QNT uses an over ledger to bridge the gap between the blockchains. Gilbert Verdian was the founder of Quant who has more than 20 years of experience . Quant price  has an ROI of more than 4765% which has always attracted the investors. The price of the asset has currently tested the all time high and can soon cross beyond it. One can invest in QNT as per the price action.

Technical Indicators Of QNT Coin Price Hints Towards An Upcoming Correction

Source: Trading view

The weekly technical chart of Quant price  highlights a strong bullish momentum for upcoming days. On the daily chart QNT price has reached to its all time high of $147. Resistance for QNT price while going upwards can be observed  near the value of $150.  The bounceback  region  in the price can be seen near $100. The 50MA  line for the asset is near $77, making it temporary support for the price. The coin might see a downside correction before picking its bullish momentum. If the QNT price crosses the resistance of $150 then a rally above $200 can be seen. QNT/BTC pair can also observe a strong bullish momentum in upcoming days.

Conclusion

QNT coin price has recently made an all time high and can soon cross beyond $200. QNT/BTC pair is also in an uptrend and can break the previous resistance created in the past.

Technical Levels

Major Support:$100

Major Resistance:$150

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Adarsh Singh: Adarsh singh is an Stock market and financial market advisor trader with background in Engineering. He specialises in Technical Analysis while possessing strong computational skills.