Quant is one of the altcoins that have made significant progress in the crypto market over the past 24 hours after making gains attributed to support from the broader market. Most altcoins are currently trading in the green zone, and QNT has mimicked this trend to expose its investors to gains.
Quant is trading at $71.67 at the time of writing after making gains of 22.4%.
Quant Price Analysis
Quant is witnessing increased volatility in its prices. Despite the fluctuations, QNT has made moderate gains that have boosted its value and popularity. After an over 20% gain in the past 24 hours, QNT has managed to break out past support of $70, and it is now headed towards a further uptrend that could see it breaking past upper resistance at $80.
QNT could hold this uptrend if the market support holds. However, there are no guarantees with cryptocurrencies; hence we could see another slump in BTC values that could pull back the entire market. In this case, QNT could retest lower support at $58 before gearing up for another rally.
Quant’s technology is quite strong, hence buying in case the price dip, there is a considerable possibility that crypto investors will buy. Hence, we could see Quant consolidating at around $65.
The majority of the crypto market has depreciated this July, but QNT is among the few that have resisted a strong backdrop but instead made significant gains. This could be attributed to the recent Overledger upgrade that QNT adopted towards the end of June that allows interoperability among blockchains, boosting the token’s adoption and value.
Where to Buy Quant
To purchase quant during the current bulls, you can create a cryptocurrency exchange account on the following platforms:
eToro is a highly recommended crypto exchange. It offers a wide range of user-friendly features, including copy trading and low trading fees. eToro also supports a wide range of cryptocurrencies and trading pairs.
The other platform where you can buy QNT is Bittrex. Bittrex is also one of the leading crypto exchanges, and it supports a variety of features and tools. Bittrex also offers various cryptocurrencies and trading pairs, making it convenient for traders who want to diversify their portfolios.
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