Qntusdt
Traders Keep Watch on #QNTUSDT Demand Zone#QNTUSDT has approached the critical demand zone, which traders have been watching for a year now. Currently #QTUM is also testing 161.8% Fibonacci support, where today we are seeing a clean bounce.
For the bulls, it should be quite an important level to watch, especially a daily close around it. Because if it holds, followed by a $3.5 resistance breakout, trend can turn aggressively bullish. On the other hand, a daily break and close below the demand zone should be the sign that bears are in control.
W10-5 QNT BEARISH IDEA (HARMONICS BEARISH PATTERN)The price action has created a harmonic reversal pattern, and it is expected that the price will retrace from the potential reversal zone (PRZ).
Sellers will remain in control below the PRZ. Before forming the harmonic pattern, a bullish divergence was observed at the RSI indicator.
SL & TP Levels are defined.
QUANT and the 'Digital Pound Foundation' 💂💷Quant (QNT): An Highly Efficient Enterprise Grade Blockchain
QUANT
Quant is a top enterprise-grade network business leverage to improve efficiency by allowing them to harness the benefits of blockchain technology to the fullest. The blockchain network proffers practical solutions to common problems facing enterprises in different sectors, especially the finance and asset management niche.
The highly interoperable protocol leverages DLT (Distributed Ledger Technology) to achieve its functionalities. It helps businesses reduce risk exposure levels and operations costs while ensuring increased interoperability. Quant’s functions, especially in the business sector, have made it popular amongst many enterprises, especially Fintechs.
The blockchain network is constantly upgraded to remain relevant and highly functional for users. This increases its tendency of meeting up with any new demands users could possibly have. The protocol’s base currency, Quant (QNT), is used for payment on the platform. This includes any necessary network fees either for licenses or other transactions.
Quant and the Digital Pound Foundation:
For many years, the UK has boasted one of the world’s most advanced payment infrastructures, and has been a leading centre of financial innovation. But times – and, perhaps more relevantly, technologies – change. And one of these recent changes could seriously weaken not only the UK’s leadership position, but its ability to compete effectively on the global financial stage.
We’re talking of course, about the move towards digital assets and central bank digital currencies. And to see why this represents a threat to the UK’s global and domestic financial performance, consider some statistics. According to PwC, for example, more than 60 central banks have been exploring CBDCs since 2014*, and the number is increasing, while recent research from the Bank of International Settlements recently found that some 80% of the central banks surveyed were engaged in research, experimentation or development of a CBDC**. Clearly, the global financial trend is toward a digital asset future. And it is a trend which will surprise no-one who is familiar with the many benefits of digital currencies: benefits that include greater trust, increased privacy, improved transparency, more innovation, higher flexibility and wider financial inclusivity. Unless the UK develops a sovereign digital currency that is able to participate fully and actively in digital ecosystems, it will not see these benefits, and is unlikely to achieve the same standard of economic social and political growth as other nation states.
But, while the benefits of a digital currency may be huge, the challenges – technical, social and regulatory – are also very significant. And the question of how these challenges can best be met is critical to every country engaged with a CBDC roadmap. The Bank of England is fully aware of this, and has recently published discussion and consultation papers on the subjects of both a retail and wholesale CBDC. It is also part of a new group, created by the BIS and consisting of several other central banks, with a mission to share experiences in assessing the potential cases for a CBDC in their home jurisdictions, considering economic, functional and technical design choices.
Although the Bank of England holds the central role in designing and implementing a digital Pound (d-GBP), it is supported by the Digital Pound Foundation, which has a mission to assist policy makers in the creation of a well-designed Digital Pound (d-GBP) by bringing a broad spectrum of expertise and experience, producing exploratory pilot programmes, and providing technical insights. Initially conceived by members of the Whitechapel Think Tank, the DPF aims to create an inclusive and effective collaboration that fully examines the implementation of a d-GBP, and addresses not only questions such as the design, implementation and successful adoption of CBDC, but which also considers the wider impact of a digital Pound on the UK’s economy and society. The Initiative will also address, campaign for and provide constructive input in other key areas, such as privacy, financial inclusion and technology inclusion, and will consider the role to be played by a d-GBP in both enabling the UK’s transition to a digital economy and underpinning more efficient, sustainable payments.
Quant supporting the DPF initiative. As a pioneer in distributed ledger technology, Quant’s experience of working with banks, inter-governmental organisations and private industry positions the company perfectly to contribute to the realisation of the Initiative’s vision. In particular, Quant is collaborating with the DPF to deliver interoperability: the ability to interoperate with the existing and emerging global payments infrastructure, as well as traditional means of payment (including cash and electronic money). Meeting this challenge is key to the success of a UK CBDC – or, indeed, any CBDC. However, a practical way of meeting this challenge has, until quite recently, evaded the industry. This is where Quant’s breakthrough technology is proving critical. The first and only solution to deliver true universal DLT interoperability, Overledger seamlessly interconnects private and public networks, enterprise platforms and DLTs, easily and securely at scale, without introducing complexity or additional infrastructure. By deploying Overledger, a CBDC such as the d-GBP can interoperate on a number of underlying DLTs and be used in cross-border applications, regardless of the DLT infrastructure. Already used in national and institutional infrastructure, Overledger enables any commercial bank or financial institution to integrate their core banking systems to all new networks of digital assets and CBDCs.
Quant supports the DPF’s conviction that a digital Pound will be the first step in creating a foundational digital infrastructure that will underpin the next generation of the UK’s economy and society. The DPF, with the help of member organisations, such as Quant, who can provide valuable technology, experience and insights, will help to ensure the goal of establishing a d-GBP is reached as soon as possible, and with appropriate, collaborative guidance, oversight and direction.
$QNT/#USDT [#Quant Network]: Resistance_Breakout◳◱ A Resistance Breakout has been identified on the $QNT / $USDT chart. The price has broken above a key resistance level, indicating a potential bullish trend. The next resistance key levels are located at 132.7 | 140.2 | 161, and the major support zones can be found at 111.9 | 98.6 | 77.8. Consider entering at the current price zone of 125.8 and targeting higher levels.
◰◲ General info :
▣ Name: Quant Network
▣ Rank: 39
▣ Exchanges: Binance, Kucoin, Gateio, Mexc, Hitbtc
▣ Category/Sector: Infrastructure - Interoperability
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 125.8 ₮
▣ 24HVol: 6,899,526.284 ₮
▣ 24H Chng: -0.475%
▣ 7-Days Chng: 11.32%
▣ 1-Month Chng: -9.02%
▣ 3-Months Chng: 12.14%
◲◰ Pivot Points - Levels :
◥ Resistance: 132.7 | 140.2 | 161
◢ Support: 111.9 | 98.6 | 77.8
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.21
▣ Last 90D: 0.70
▣ Last 1-Y: 0.61
▣ Last 3-Y: 1.49
◲◰ Volatility :
▣ Last 30D: 0.59
▣ Last 90D: 0.62
▣ Last 1-Y: 0.95
▣ Last 3-Y: 1.59
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.60 - Bullish
▣ Reddit sentiment score is 0.67 - Bullish
▣ In-depth QNTUSDT technical analysis on Tradingview TA page
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Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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Quant QNT Price Targets after the FSB meetingThe Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Quant QNT are:
QNT/USDT short
Entry Range: $135 - 145
Take Profit 1: $126
Take Profit 2: $118
Take Profit 3: $107
Stop Loss: $165
QNTUSDTPQuant (QNT) Price Prediction & Forecast for 2023
Quant (QNT) has been one of the most promising digital assets in the cryptocurrency market. The price of QNT has shown a steady uptrend since the beginning of 2021, with many analysts predicting further growth in the near future. The Gartley pattern is a technical analysis tool that traders use to identify potential market trends, and it appears that a bullish Gartley pattern is developing on the weekly timeframe for QNT.
The Gartley pattern is a pattern that traders use to identify potential turning points in the market. The pattern consists of four price swings labeled X, A, B, and C. The pattern is considered bullish when it forms after a downtrend, and the potential reversal zone (PRZ) ( D ) is a price level where the pattern could potentially reverse. The PRZ is identified using Fibonacci retracement levels which are based on the mathematical principles of the Fibonacci sequence.
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Quant #QNT here we goWhat Is Quant (QNT)?
Quant launched in June 2018 with the goal of connecting blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network. It is the first project to solve the interoperability problem through the creation of the first blockchain operating system.
Quant #QNT update What Is Quant (QNT)?
Quant launched in June 2018 with the goal of connecting blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network. It is the first project to solve the interoperability problem through the creation of the first blockchain operating system.
Important supply areaIf favorable conditions in the market continue and double buying pressure is created to break the resistance of the range of $154-175, we can expect further price growth to the resistance of the range of $200 and $220.
This resistance is considered an important supply area, where we can expect a strong negative reaction if the price rises to this range. In the short term, if minor support is maintained in the range of $134-140, we expect the short-term upward trend to remain, and we will witness the formation of higher ceilings and floors.
QNT/USDT Elliott Wave count DailyQuant price rejection into 0.5 fib retracement of the last move to the downside, that may signal an end of the B wave.
Price may go to the downside with first strong support at the 0.618 fib extension zone where also we have 0.764 fib retracement of the first abc (black count).
If we claim back above 0.382 (price 145.2) fib retracement than we may continue to the upside and still has this chance for this move to the upside (blue abc) to be an impulse(red count). The chance will go if the price will break below red line (125.8) and we may see an acceleration of the price to the downside from this level.