Analyst Stu L expects Quant to rise 500-600% and explains why for his altcoin project. Also, according to analyst nicknamed EGRAG Crypto, XRP could be ready for a meteoric rise.
How is Quant’s track record?
And now I’m mentioning it again because it’s a good entry point. Our TA experts expect QNT to rise 500-600% from here. Let’s try to figure out where Quant can go from here. Most of us are not whales with hundreds of thousands of QNTs. So that means we need to see a big price move to become a Quant millionaire. But it is possible. Quant Network and the QNT token are related to 2 major crypto narratives:
- Interoperability: Moving the token cross-chain.
- Tokenization of assets: The Real World Being narrative is a powerful one.
According to @CalastoneLtd, “tokenisation can be a «transformative tool» to creates a frictionless digital marketplace for asset managers.”
Want to make it simple, trusted and future-proof? Talk to @quant_network. https://t.co/2yoWHAJTnm
— Musk can’t take this seriousy. Why should we? (@AndrewCarrier) May 11, 2023
And if that’s not enough, the fact that it’s corporate-grade and built for financial institutions is another strong story for Quant. Today, Quant is the #37 altcoin project. Its current price is $105. But the all-time high price in September 2021 is $427. So that saw a big drop of 75%. If he catches this again, it means 3 times the profit. Those would be sweet wins, too.
The total supply of QNT is 14.6 million, of which 14.5 million is in circulation. So going from $105 to $427 would give us a value equal to Tron and just below Polkadot’s. Unless, of course, nothing else changes. But we know that the phrase ‘if nothing else changes’ is not true. Things change all the time and how much can Quant make in a big bull market? All-time low 21 cents in 2018. Those days are long gone. But it’s possible for Quant to reach all-time highs. is it? Yes, yes, it is possible that he will.
Every day, we transact in digital goods and services, seamlessly and from anywhere.
So we need a new form of digital money to cater to that way of life. A #CBDC is a natural fit. It's trusted, safe, accepted – as @GVerdian explained on a recent @FutureofFinanc3 panel.#CBDCs pic.twitter.com/Gcw6WPKQIb
— Quant (@quant_network) May 17, 2023
What do altcoin charts say?
Quant evaluations of the Technical Analysis team are as follows. QNT is trading below the resistance trendline. It will likely reach $105, which is a good support zone. If this support holds, we could start to see a move towards $118. If it reaches $118, it is possible to push QNT out of the downside resistance trendline. Also, breaking this resistance could lead to a move towards $128, 143, 158 and $195. Failure to hold the support at $105 could lead to a decline towards $100 and $89. Moreover, this would be good fields for long QNT.
Source: TradingViewGoing up from $105 to $195 is pretty cool. That’s almost a 100% return. But once the bull is fully back, it’s possible for Quant to at least test old all-time highs.
XRP bullish potential is 640%, according to the analyst
According to the prediction of cryptocurrency analyst EGRAG Crypto, XRP is ready for a meteoric rise. The analyst draws parallels between current market conditions and the dramatic bull run from 2020 to 2021. From this point of view, the analyst predicts a potential increase of 640% for the altcoin. This means that XRP rises to $ 3.3.
EGRAG Crypto replicates the price trajectory of XRP from the previous year through chart extrapolation. The projected path respects the underlying price targets. It also presents an attractive outlook for XRP investors, resulting in a projected increase of up to $3.3. The core of this price prediction, called “Pandora’s Box,” is based on a significant price range of $0.55 to $0.67. This range likely holds the key to unlocking XRP’s potential, similar to opening Pandora’s legendary box.
#XRP Pandora's Box:
Movement Simulation:
I have copied the movement of #XRP from 2020 to 2021 when it broke the Falling Wedge & Placed it to the current market price. It was amazing that it is respecting some Key-Price targets.This movement will Pump #XRP to $3.3… pic.twitter.com/0nB2wbcowC
— EGRAG CRYPTO (@egragcrypto) May 11, 2023
EGRAG Crypto’s “Pandora’s Box” concept symbolizes the challenges the XRP community may face on their way to potentially great wealth. Borrowing from ancient Greek myth, it outlines seven “evils” or trials the XRP community is likely to encounter.
The first challenge, “Strife” is currently in play and the XRP community is taking the storm. The “disease” represents the critics’ efforts to portray the XRP community as a devastating influence and to fabricate massive conspiracies. These enemies may soon be replaced by “Hate” fueled by the resentment of those who hijack XRP’s prosperity. More serious tests may arise, such as “Death,” which highlights the community’s need to protect itself in the face of potential threats. “Madness” represents the skepticism of skeptics who cannot digest XRP’s phenomenal rise. It also potentially leads to both verbal and physical “Violence” against the XRP community. Finally, “Jealousy” sums up the anguish of those who missed the XRP wave, consumed with envy against the wealth of XRP holders.
57439
