Quant Crypto Price Dropped By 25% Last Week; What’s Next?

• Quant price took support from the 200-day EMA and showed price rejection.
• The RSI is at 42 which has rapidly dropped from the overbought zone.

The Quant (QNT) price is at $112.90 with an intraday gain of 0.09%. Its market capitalization is $1.36 billion which has decreased by 4.65% in the last 24 hours. The QNT trading volume is $24.64 million and has increased by 32% within 24 hours.

Current Price – 112.90 (0.09%) Price Prediction – $104.72 (-5.07%)

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Volume – $24.64 million Green Days – 11/30 (-37%)

Market cap – $1.36 billion Fear & Greed Index – 71 (greed)

Sentiment – Bearish RSI – 42.69

Volatility – 10.17% 200-day EMA – $107.07

The Quant price is predicted to drop 5.07% to reach $104.72 by January 13, 2024. The QNT price has remained bullish for 11 days out of the past 30 days, indicating bullish dominance. The fear and greed index is 71 (greed) and the volatility is 10.71%.

The Quant price has declined by 73% from its all-time high and is bearish on a wider time frame. The QNT price registered an all-time low of $40.00 on June 13, 2022.

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The circulating supply is 12,072,738 QNT and the fully diluted market cap is $1,691,520,145. The maximum supply and the total supply is 14,881,364 QNT.

Quant Crypto Price Prediction Over 1-D Timeframe

The Quant crypto price has been in an uptrend since December but in the first week of January, sellers dragged the price down by 25%. Currently, the Quant price is taking support on the trendline.

If the Quant price slips below the trendline and sustains there, then selling pressure can be expected. On the other hand, if the QNT price bounces back and surpasses the $120 mark, then buyers may regain their confidence and the price may soar higher.

Quant Price Technical Analysis Over 4-Hour Timeframe

On a 4-H timeframe, the Quant price has been falling through a channel and it has been sustained by the 200-day EMA. if the Qunat crypto price gives a breakout from the channel and sustains, then buying momentum can be expected.

On the other hand, if the QNT price falls through the channel and sustains below the $100 hurdle, then sellers may dominate and the price may decline further.

Technical Indicators

The Quant crypto price is above the 200-day EMA, which indicates the buyers’ presence. The RSI is at 42 and is heading toward the oversold zone. The RSI has sharply declined from the overbought zone, which indicates the prevalent selling pressure.

Quant Price Prediction FAQs

What is the QNT price prediction today? 

According to our analysis, the QNT price will gain 0.00% to reach $113.30 by today.

What is the Quant price prediction for tomorrow?

The QNT price is predicted to drop 4.71% to reach $107.8 by tomorrow.

What is the QNT price prediction for 2024?

The Quant price is predicted to gain 433% to reach $604 by the end of 2024.

Will the QNT price reach $1,000?

The Quant price would have to gain 782.26% to reach $1,000. According to our algorithm, the QNT price will hit $1,000 by June 2028.

Will the Quant Price reach $10,000?

The QNT price needs to gain 7,825.60% to reach $10,000. Based on our analysis, the QNT price will reach $10,000 by April 2038.

Conclusion

The Quant price has been reflecting selling pressure for the last week. The QNT price has formed a hammer pattern on the trendline. The price may show recovery from this level. It has failed to surpass the last swing high, which indicates bearish dominance.

Technical Levels

Resistance: $150 & $210

Support: $105 & $83

Disclaimer

Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies or other ICOs. Since everyone is unique, a certified professional should be continually consulted before making any economic decisions.