The encryption market has made significant gains last week. Quant, one of the most popular altcoins, has not lagged behind these gains and has risen more than 75% over the past week. QNT holders are one of the most successful altcoins at the moment and want to see where the coin is going and whether to set a new record.
Quant is trading at $ 167.38 at the time of writing, after a 10.8% rise in 24 hours.
Quantity price analysis
Quant is currently the most successful altcoin. Despite the fact that the wider market is retreating to lower areas, QNT is showing flexibility and is still moving towards higher areas. Last week, QNT reached an all-time high, opening up altcoin for even bigger gains in the coming months.
QNT bulls could be picked up again, especially if there is support and buying support in the market. In this case, QNT could retest the resistance at $ 172, and we can see new peaks forming. Currently, market support is weak, but buying support is still high, and most market signals indicate that QNT is a good buy.
On the other hand, QNT could push further down from its all-time high, and if that happens, the coin could re-test lower support at around $ 150. A retreat could trigger an even sharper price correction where we can see QNT fall below $ 100.
The recent QNT gains were due to market support and its support recent listing Binance, the largest cryptocurrency exchange in terms of trading volumes. The listing on July 29 boosted demand for QNT, resulting in gains of over 75% last week. At the time of listing, QNT was trading at around $ 98, but its value rose within a few days. The coin is now traded in Binance through several pairs of trades.
Where to buy QNT
You can purchase QNT by creating a cryptocurrency exchange account for the following platforms:
One of QNT ‘s buying exchanges is eToro. eToro is a leading stock market and is also known for supporting new traders with features like copying that increase their chances of making a profit. eToro trading fees are also affordable.
QNT is now available for trading Binance through different pairs of trades. Binance is the largest stock exchange and is popular for charging low trading fees. Binance also supports over 100 encryption pairs and assets.
Do you want to buy or change the encryption now? Invest in eToro!
75% of retail investors’ accounts lose money when they trade CFDs with this provider