The crypto market has been facing strong resistance this weekend, trying to push to higher levels. Bitcoin is still struggling to reach $50K, while ethereum is still attempting to reach $4000. Despite this pullback, some coins are still making double-digit gains and are still creating new all-time highs. Quant is among the best performing coins in the market currently.
Quant is trading at $244.91 at the time of writing after a 24.4% gain in 24 hours.
Quant Price Analysis
Quant is currently on a major uptrend, with massive gains being done in the past 24 hours. Buying support is strong, and this is propelling QNT towards even higher levels. During these past 24 hours, QNT has managed to create an all-time high at $249.
There is a high chance that the uptrend will continue because buyers are still pushing support for the altcoin. In this case, QNT will again retest the higher resistance at the $249 high. If it manages to go past this level, we could see QNT go to even higher levels past $250. If QNT bulls maintain the strong uptrend, the next target is $260.
On the other hand, the weakening market support could fail to give QNT the momentum needed to push to higher levels. In this case, we could see QNT retreating towards the lower support level of $240. During the past 24 hours, QNT has also retested the support of $232 severally before gearing for another bull run.
One of the major things in the Quant blockchain that has set it apart is Distributed Ledger Technology (DLT). This technology allows blockchains to share information. With developers looking for interoperability in the fast-growing crypto sector, Quant is well-positioned to gain adoption, which will positively affect QNT’s prices.
Where to Buy QNT
If you want to buy QNT during the current bull run, you can create an account on the following exchange platforms:
eToro is one of the major crypto exchanges. The exchange supports copy trading, which allows new traders to copy the trading strategies of expert traders. eToro charges low trading fees and commissions.
Binance is the largest cryptocurrency exchange, and it supports QNT and a wide range of other cryptocurrencies and trading pairs. Binance offers low trading fees and user-friendly features that make trading crypto on the platform easy.
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