KEY TAKEAWAYS:
- The QNT price closed the previous day’s trade at INR 9807.69 with a market capitalization of INR 153 Cr and a circulating supply of 12,072,738.00 QNT.
- The asset is attempting to continue within an ascending consolidation and eventually may head towards the apex and look out for a breakout
- Quant price may undergo an 18% jump with a breakout else plunge hard by more than 15% if failed to rebound from the current levels
QUANT PRICE ANALYSIS: HOW HIGH WILL QNT CRYPTO PRICE GO IN APRIL 2022?
The Quant price from the beginning of the 2022 trade is swinging within an ascending triangle. And hence one can expect an interim jump towards the resistance levels around INR 10,600 levels. However, after a brief uptrend, the price may quickly get rejected again and drop below INR 10,000, at around INR 9200 levels.
These can be considered crucial zones as if the asset loses control and slips down, then the price could fall into a deep bearish well. But with a flip, the QNT price may surge a little and could eventually break through the consolidation to test INR 12,000 initially and later INR 13,500 by the end of monthly trade.
QUANT PRICE PREDICTION: WILL QNT PRICE HIT INR 25,000 IN 2022?
QNT price rose high to hit the ATH in the first few months of trade. However, it quickly fell into a deep bearish well and broke down the huge descending triangle. Ever since the asset fell below the crucial support levels, each attempt at a rebound has been unsuccessful. However, if the asset somehow manages to surpass the crucial zone between INR 11,000 to INR 11342, then some hopes of a strong uptrend may be alive.
And in such cases, the price could maintain a strong uptrend and range high to test INR 15,000 initially and later test the upper target. The QNT price may hold the target somewhere between INR 15,000 to INR 18,000 to end the yearly trade. And in the case of an extreme bull run, the price may surpass INR 20,000 also. Conversely, if the bears capitulate to the market, then the price may be restricted below INR 17,000 by the end of 2022.
Read detailed price prediction of Quant here.
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