QNT Analysis
| Overall Performance | |||||
| 24-hr | 7-Day | 30-Day | 24h High | 24h Low | 24h Vol. |
| +60.13% | +287.60% | +321.52% | 373.000 | 157.330 | 230.15 mn |
Hourly Performance — UTC (last 6 hours)
| 20h | 21h | 22h | 23h | 00h | 01h ◀ |
|---|---|---|---|---|---|
| +5.39% | +16.78% | +56.34% | -20.25% | -3.69% | +15.67% |
What happened lately
In the past 24 hours, the cryptocurrency QNT has experienced a significant price surge, rising by 60.13% to reach a value of $262.320. This increase is part of a broader upward trend observed over the past week and month, with QNT showing a 7-day change of +287.60% and a 30-day change of +321.52%.
During this 24-hour period, QNT’s price fluctuated between a low of $157.330 and a high of $373.000. The trading volume for QNT reached 230,152,119 USDT, indicating a substantial level of market activity and interest in the token.
The recent peak of $373.000 marks a high point for QNT, although the current price of $262.320 represents a 26.29% decline from this peak. This volatility may present both opportunities and risks for traders, as the token has demonstrated the capacity for rapid price movements within a short timeframe.
For traders, the key levels to watch include the recent high of $373.000 and the lower end of the 24-hour range at $157.330. The significant price increase over the past month suggests strong momentum, but the pullback from the peak also highlights the potential for corrections.
Overall, QNT’s recent price action underscores the dynamic nature of cryptocurrency markets, where substantial gains can be accompanied by equally notable fluctuations. Traders should remain vigilant and consider both the potential for further gains and the inherent risks associated with such volatility.
What can we expect from QNT today?
Quant (QNT) has experienced a significant surge, with its price currently at $262.320, marking a 60.13% increase over the past 24 hours. As the market opens, traders are closely watching key resistance and support levels to gauge the token’s next move.
📈 Bull Scenario If the bullish momentum continues, QNT could test the first resistance level at $390.027. A breakthrough here would set the stage for a potential climb towards the second resistance at $493.793. Sustained buying pressure and positive sentiment could drive the price further, possibly targeting higher resistance levels. | 📉 Bear Scenario On the downside, if selling pressure increases, QNT may fall towards the first support level at $165.467. A breach of this support could lead to further declines, with the next key support at $44.673. Traders should be cautious of a reversal in sentiment that could push the price below these critical support levels. |
Key levels to watch out:
| R3 | 614.587 |
| R2 | 493.793 |
| R1 | 390.027 |
| Daily Pivot | 269.233 |
| S1 | 165.467 |
| S2 | 44.673 |
| S3 | -59.09333333 |
About QNT
QNT is the native cryptocurrency of the Quant Network, a blockchain platform designed to facilitate seamless interoperability between different blockchain networks. The primary use case of QNT is to enable enterprises and developers to connect and build decentralized applications across multiple blockchains without the need for complex integrations. This is achieved through Quant’s Overledger technology, which acts as a blockchain operating system, allowing for the creation of multi-chain applications (mApps).
Key technical features of QNT include its ability to support cross-chain transactions and smart contracts, as well as its robust security protocols that ensure data integrity and privacy. The Quant Network is blockchain-agnostic, meaning it can interact with any existing blockchain, making it highly versatile and scalable.
In terms of market significance, QNT has gained attention for its potential to revolutionize how businesses and developers interact with blockchain technology. By simplifying cross-chain communication, QNT aims to unlock new possibilities for innovation and efficiency in various industries, from finance to supply chain management.