Quant price has been steadily rising, making it one of the world’s fastest-growing blockchain ventures. For $QNT, the hourly social volume increased by 100.0 percent. The current price of the QNT coin is $311, it has gained more than 65% in the last 7 days and is down by 8% in the last 24 hours. The coin’s current market mood is optimistic and bullish.
Why is QNT Price is Rising?
Since the inception of the blockchain operating system, Quant has been the first platform to address interoperability issues. This project was created to bridge the gap between several blockchains. The project’s backbone is the Overledger network, which makes it a suitable habitat for constructing a future digital economy ecosystem.
The Overledger network allows diverse developers to decentralize multi-chain apps (MApps) for their consumers. To create a network Mapp, a developer must have a certain amount of QNT.
Because of Coinbase pro, the fastest QNT price turnaround occurred following the downturn. On June 23rd, deposits were accepted.
QNT Price prediction
Since July 20, QNT has been rapidly rising. It verified the $180 resistance level as support over the next ten days after breaking out on Aug 28. It began a new rising trend on September 3 and reached a high of $375 on September 6.
The price of QNT has been in a big bullish trend for the previous few weeks, as shown by the hourly chart. The price of QNT Token has risen to $300 as a result of rising bullish pressure. Furthermore, the price may soon rise above $350. According to the price action, any bullish movement may face resistance at the $350 and $400 areas. However, if the Bears are rejected at the $325 level, they may lower the price to $250.
Ten of the 26 technical indicators are indicating a buy signal, while the remaining eight are neutral and four are indicating a sell signal. The coin price is showing signs of increasing uptrend momentum, with bulls attempting to hold the superior level of $300.