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The popular quantitative analyst PlanB is updating his forecast on Bitcoin (BTC) after crypto kicked off the year with a strong rally. PlanB tells his 1.8 million Twitter followers that the bottom has arrived for Bitcoin and predicts massive growth.
Curious feature: the price of QNT seems to go up almost all the time, except during big bear markets
Like most cryptocurrencies, Quant (QNT) has witnessed a considerable price rally over the past weeks. The token has added more than 8.24% over the past 24 hours.
The Quant (QNT) price could plunge is it fails to break out above the $145.50 resistance area.
Quantitative analyst PlanB is doubling down on his prediction that Bitcoin (BTC) could meteorically ascend in the next bull market. PlanB tells his 1.8 million Twitter followers that he believes Bitcoin bottomed out at $15,500 back in November of 2022 and short-term holders are now in profit territory, a traditionally bullish signal.
Crypto insights firm Santiment says that one Ethereum-based altcoin just experienced its largest surge in whale activity in almost a year and a half. According to Santiment, interoperability blockchain Quant (QNT) had 187 six-figure transactions on January 7th, the most since September of 2021.
Quant's (QNT) price action formed a double-bottom pattern in recent weeks. This could have set QNT up for an uptrend, but a bearish order block at $114.4 persisted.
According to a report by Santiment, Quant (QNT) has just recorded its largest amount of whale transactions in 16 months. The on-chain analytics platform noted that 187 QNT transactions were executed today, culminating in a value of over $100,000, the highest the Quant Network has recorded since September 2021.
During the intraday trading session on 7 January, there was a noticeable increase in the number of large transactions (over $100,000) involving Quant [QNT], data from Santiment revealed.
Welcome to 2023 and a Happy New Year from myself and everybody else at AB. In 2023, we all want to make good investments, right?
To conclude, there are no decisive bullish nor bearish signs for the QNT price. However, the wave count is leaning on bullish, supporting the possibility that a relief rally toward $161-$176 will transpire.
Prominent market analytics firm Santiment says that a trio of altcoins is showing healthy signs moving into 2023. According to the crypto intelligence firm, interoperability blockchain Quant (QNT), metaverse protocol Decentraland (MANA) and Ethereum-based (ETH) gaming blockchain Enjin Coin (ENJ) may have bright futures ahead of them.
Data from on-chain analytics platform Santiment showed that Quant [QNT] closed the 2022 trading year with 23.4% of its total supply taken off exchanges. This put it on the list of cryptocurrency assets with a large market capitalization that saw a similar drop in exchange reserves.
While these three events may seem unrelated, they all have the potential to impact the value of the respective cryptocurrency and the wider market.
Quant (QNT) rallied from $104.9 to $118.2 between Christmas Day and 27 December, gaining over 11%. However, a price correction threatened to wipe out almost half of the near-term gains.
Bitcoin (CRYPTO: BTC) recorded losses this morning, with prices for the most valued cryptocurrency in the world, falling below the key $17,000 level on Tuesday. Ethereum (CRYPTO: ETH), also traded lower, but remained above the key $1,200 mark on Tuesday.
The Quant price, on a rising streak, challenges the local resistance of $115-$113. With a potential bullish breakout from this resistance, the prices may continue its recovery rally and bolster the formation of a double-bottom pattern.
The cryptocurrency market across 2022 has been dominated by the bears, with most digital assets losing a significant share of their value. As the year comes to an end, it is time to evaluate how select digital assets performed under different metrics.
The global crypto market has seen a positive trend in performance though there has been no big change in its value. The performance of Bitcoin, Binance Coin, and others shows that there has been a bullish trend.
Dogecoin (DOGE) Dogecoin price remained largely bearish throughout the year 2022 and spike high suddenly after it received huge buying volume in the first few days of November. The price which maintained a stagnant trend for more than 4 months, spiked by more than 150% in just a couple of days.
Although we're witnessing the FUD (fear, uncertainty, and doubt) in the crypto market, this may be the best time to pick winning crypto projects at a discount. In short, since prices are low, this may be the perfect moment to choose your investments for 2023.
Analysts expect the bear market to loosen its grip in 2023. Here are five cryptocurrencies to keep an eye on.
The chief executive of on-chain insights platform CryptoQuant says that despite the current rumors surrounding Binance, the exchange's stablecoin reserves still look quite different than FTX's did prior to its collapse.
Self-acclaimed future of finance, Quant [QNT] has had quite an interesting year since it conquered flat market conditions. Between June and August, the QNT price surged from $48 to $124.
