Quant Price Prediction: 2024, 2025, 2030

QNT price prediction: Key highlights

1. Primary support and resistance levels

• $62-$65 can be anticipated as the lowest support range on the weekly chart. 
• Meanwhile, the highest resistance level was observed at $138.

2. Market sentiment

• The dominant market sentiment is bearish as of July 2024.

3. Predictive forecasts

• Based on our AI/ML predictive algorithms, the average price of QNT is projected to exceed $500 in 2028 and $3,000 in 2035.

Discover essential information on QNT’s future trajectory via an extensive weekly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

QNT technical analysis: Future looks grim as declines persist

Interoperability among various blockchain networks is a prevalent trend in the current market. QNT’s ability to facilitate cross-chain transactions has made it a prominent contender. This necessitates a closer look at what the future holds for the asset. The Quant price prediction paves the way for this investigation in 2024 and beyond.
 

The higher time frame (HTF) chart depicted QNT's initial struggle to rally. Nevertheless, the bulls held the critical $100 mark as steady support. An increase in selling pressure caused the token to fall below this level by September. The declines continued, driving the price down to $85 by month’s end.
 

Q4 2023 saw a surge in optimism in the broader market. Many altcoins recovered, and QNT also followed suit. The bulls' immediate target was re-establishing footing over $100, which materialized by late October.

After stabilizing at this level for almost a month, the buyers rallied to overcome $115. A significant price pump in mid-December pushed the price over this level. Concurrently, the price reached the peak chart resistance at $138.
 

However, a substantial drop in January wiped out these gains as the price fell below $115 again. By the end of the month, $100 proved its resilience as a steady support.
 

In February, another bull run was noted, which culminated in the price reaching peak resistance again by the next month. After nearly a month of struggle, the price faced rejection. By April, the altcoin was back on its support at $100. 

This price movement led to the formation of a double top. The double top pattern signaled that the uptrend was losing momentum and may reverse. While support at $100 repeatedly showed resilience, given the completion of this pattern, this neckline broke in May.

This triggered a series of declines, bleeding the market dry. As the analysis concluded, the token was trading at $72, staying close to the lowest yearly support at $71.
 

To predict the intensity of the downturn, a potential target could be calculated by subtracting the height between $138 and $100 from $100, setting a theoretical target of around $62. In QNT's case, there is a previously established support of around $65.

In contrast, if the bulls reverse the market trend, they must reclaim $100. This can open the way to retest $115. Healthy buying momentum above this level can trigger a breakout above $138. This uptrend can likely set $175 and $200 as the following targets. Meanwhile, the latter can prove to be staunch resistance.

Our predictive models expect the downturn to be short-term. Future forecasts appear highly optimistic, projecting the average price to go as high as $500 in 2028. This number is expected to increase to more than $3,000 in 2035.

QNT's 2024 roadmap: Key indicators to watch and trade

• For most of 2023, the Moving Average Convergence Divergence (MACD) and its signal line remained below the zero line. The latter largely maintained dominance until late October, when the MACD line began to rise. It crossed above the zero line in mid-December. The signal line ascended above zero shortly after in the new year.
• Between late January and February, the MACD line fell below the signal line but surged past it again, peaking in late March. This peak was not sustainable, and declines followed. 
• Consequently, the MACD line dropped below the signal line in April and beneath the zero line later in the month. The signal line followed suit thereafter in late May. At the time of writing, the MACD line stood at -9.2, the signal line at -5.4, and the histogram at -3.8. These values indicated a continued downtrend.
• After struggling to maintain positive values, the Chaikin Money Flow (CMF) decisively fell below the zero line in late July. It remained there until late November, with a brief surge in late October. 
• By January, the CMF returned to negative values, and after a momentary spike above zero in late February, it continued to decline. At press time, it registered at -0.12. It reflected that selling pressure continued to be stronger than buying pressure.
• The trading volume started low, which was correlated with price declines. A slight recovery was noted in late October, with additional spikes in late 2023. 
• From late February, trading volume experienced a significant recovery, which subsequently reversed as the price declined. This highlighted the market's lack of conviction in supporting higher prices.