Quant has been among the coins making a major bull run over the past 24 hours. During this period, the broader market has slightly dipped, but this has not prevented the altcoin from making gains. Last month, QNT made a new all-time high, but it failed to maintain these levels and instead dipped towards new lows.
Quant is trading at $307.49 at the time of writing after a 6.5% gain in 24 hours.
Quant Price Analysis
QNT has been on a bullish rally over the past 24 hours that enabled the coin to reach the highs of $330. However, it failed to maintain these highs, hence the dip to the current prices.
If the current gains continue, QNT could be headed towards the next resistance levels of $310 and $315. It could also test the 24-hour highs of $330, after which a stronger bullish rally will commence. Besides, the broader market is on a bull run, that if strengthens, QNT bullish rally will be inevitable.
On the other hand, QNT’s bullish rally could fail, and the coin will retreat towards the lower levels of $300. The coin could also dip below these levels. however, some traders could be waiting for such dips to jump in and buy because of the speculative market bulls.
Quant is the ultimate blockchain network when it comes to distributed ledger technology (DLT). Due to its prominence in this field, Quant has managed to gain growing adoption, which has played an incredible role in boosting QNT’s prices. the network also permits interoperability, which is a great feature for those looking to have a DLT solution that can work across all blockchain networks.
Where to Buy QNT
If you want to buy QNT during the current rally, you need to create a cryptocurrency exchange account on the following platforms:
eToro is one of the leading cryptocurrency exchange platforms. eToro offers a copy trading feature that allows a new trader to copy the strategies used by expert traders. other friendly features available on this exchange include low trading fees.
The other cryptocurrency exchange that also supports QNT is KuCoin. Like eToro, KuCoin also supports copy trading, and it gives support to a wide range of cryptocurrencies. KuCoin also charges friendly trading fees and its commissions are also competitive.
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