Is QNT the Best Crypto to Buy Now - Quant Price Prediction
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The price of Quant (QNT) crypto has been moving quite bullishly over the last 24 hours as we see many altcoins print green candles following a short-term relief bounce in the blockchain markets.
Quant has performed really well over the last quarter, pumping from $89 all the way up to $217 and then all the way back down again to $117.
Is now a good time to buy Quant (QNT) and which other cryptos should you divert your attention to?
Following the recent crypto crash Quant (QNT) crypto has taken quite a large hit.
Quant (QNT) crashed from $150 down to an oversold position of $94 before slowly recovering to trading prices of today at $118.
Currently $124 serves as a huge resistance level for QNT and in order to see positive price continuation this is a very critical resistance trendline that needs to be surpassed.
As we can see, QNT has been rejected multiple times at roughly $124 which was a key area of resistance.
The key support level of $120 (now flipped into resistance) was also broken earlier today and the price now trades in a descending broadening channel.
There is a good chance of retesting the resistance trendline of this channel at roughly $118.7 and then retesting resistance at roughly $120.3.
Regardless of the recent volatility, I do think Quant (QNT) crypto could be a strong addition to any healthy long-term crypto portfolio.
QNT is still up 189% from the crypto crash in May 2022, which reflects it is quite stable and there is a lot of investment appetite.
For the remainder of 2022 I speculate that Quant (QNT) crypto will chop sideways between $154 and $94 as market sentiment
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