Quantitative Price Prediction as QNT Bulls Target $65

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Over the past 24 hours, the price of Quantity increased by 2.8% to $141.43, reinforcing its bullish trend since January 1, 2023, which saw the cryptocurrency rise by 30% in the past two weeks. With a 24-hour trading volume of $59.7 million and a live market cap of $2.05 billion, the quantum token ranks #30 on CoinMarketCap.

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Quant’s CEO makes major predictions for 2023

lately Articles Entitled DLT in 2023: Out of the Blocks, Quant founder and CEO Gilbert Verdian described the outlook for crypto in 2023, focusing on the interaction between distributed ledger technology and the financial services sector.

With the new year comes expectations, right?@employeeCEO of quant_network four. The first relates to unregulated crypto markets.

Find out more here: https://t.co/sTAcjNes8v# Quants2023 predictions pic.twitter.com/qRFi96HYSz

– Andrew Carrier 🍸 (@AndrewCarrier) January 10, 2023

According to Quantcast CEO, “Only about 1% of developers have the specialized knowledge required to work with digital ledger technologies.”

In his blog, Verdian says that 2023 will see tougher regulations as governments and regulators acknowledge that they can no longer expose consumers to unregulated exchanges that appear to have a license to print money while delivering huge losses to those who cannot afford it.

According to Verdian, the crypto market has grown exponentially and could act as an infection for the rest of the financial system. This, he said, raises concerns for regulators as they try to mitigate the risks with appropriate rules.

However, Verdian says that “it is one thing to recognize the need for regulation: it is quite another to design, approve and implement it”.

Moreover, the CEO of Quant is exploring the world of crypto as it becomes more sober and sane. In this aspect, he says, Layer 2 (L2) technologies, previously designed quickly and poorly, will begin to disappear as the most valuable and usable networks remain intact and stronger than ever. According to the CEO, the fuss will diminish as cryptocurrency enthusiasts focus on other use cases for the blockchain. “They will likely continue to look for assets with low barriers to entry, as part of the appeal of cryptocurrency,” Viridian said.

Further in the blog, Verdian describes three other predictions; Banks and asset managers are scrambling to hire blockchain specialists, and CBDCs are finally becoming politicized but mainstream, strengthening links between chains, thereby improving trust.

Verdian’s predictions come as blockchain use cases abound in 2022, but the CEO of Quantity believes we’ve only scratched the surface of what this transformative technology can help achieve.

Quantum price rises for up 16%

QNT is on its way to achieve more gains after the altcoin exited a round bottom chart pattern as shown on the daily chart below. The recent rally above the 50-period Simple Moving Average (SMA), the 100-period SMA, and the 200-period SMA indicates a possible continuation of the recovery for the coin.

At the time of writing, Quant’s price is trading at $141.43. The QNT token is currently relying on support at $133.07 which is embraced by the 50 SMA as the token attempts to rally beyond the critical resistance at $156.84. This could be where Quant’s upside may be set in the short term, as price has been rejected here in the recent past.

However, in very ambitious cases, QNT may breach this barrier to set the psychological level of $164.34, bringing the total gain to 16.34%.

QNT/USD daily chart

Quantitative price chart on January 17th — TradingView Chart: QNT/USD

Several technical indicators support the positive outlook for QNT prices. For starters, the crypto has been sitting on a strong bearish support due to the 100-day, 200-day, and 50-day moving averages, which are passing as a buyer’s congestion area at $131.84, $118.76, and $116.99, respectively.

Moreover, the MACD indicator was moving higher within the positive territory, indicating that QNT was under the control of the buyers. In addition, the Directional Momentum Index (DMI) has strengthened the bull’s hold on Quant price, with the negative trend line (-D1) at 9.2, well below the positive trend line (+D1) at 34, indicating a strong bullish trend.

Conversely, Quantcast’s bullish outlook may be invalidated if a daily candlestick close below the 100-day SMA at $131 is achieved. Such an outcome could see the quantitative price pull back to the SMA below and, in very bearish cases, drop lower to revisit the December 22 swing low of $101.30. Traders can expect the quantum bulls to take a breather here before the recovery begins..

C+ Charge scores another milestone with $300,000 in pre-sale boost

The C + Charge platform is committed to providing electric vehicle (EV) drivers with a transparent and advantageous system for charging their electric vehicles. It is designed to enable drivers to charge their electric vehicles at designated charging stations and pay using their e-wallets. The currency for these services will include the platform’s native currency, CCHG tokens.

In return, EV drivers will receive carbon credits as rewards for charging their vehicles and paying in CCHG tokens. Finally, C+ Charge also enables individuals to use carbon credits.

The idea presented by the C+Charge team has been met with great enthusiasm among users and the larger crypto community. This is evidenced by the remarkable success recorded by CCHG presale in token sales. As of January 17, the project has scored another milestone, raising over $300,000 in pre-bid.

📣 Attention C + Charge Crew! 📣

We just hit another milestone – over $300,000 raised! 🚀

Do not miss – buy CCHG dollars Now before the price goes up the next one! ⬇️ https://t.co/ixe18bPYpg# encrypt # sale #cryptocurrency pic.twitter.com/6OExGLjlYK

– C + Charge (Charge_Token) January 17, 2023