$QNT is again one of those high quality cryptos that have not participated in this small bull run so far. It is legit in so many ways, I've written quite a number of messages on QNT's fundamentals in the past. The market is ignoring it for now, but that could easily change in the 2nd half of the year. We can see the number of QNT coins on exchanges have fallen off to a new low. So there are not much QNT to sell on those exchanges. And as I explained the market is anti-VC coins for now, but QNT is 80% unlocked already, so there is only 20% coins to unlock from here. Overall I think QNT can do well, at just $1.2 Bn FDV, it can still do 5-10X if we suddenly get the right kind of news. EU could suddenly release news of adoption and catch the market by surprise. The upside resistance is at 88-90 area, then 107. And if $BTC decides to retest the 50s again, we could see QNT at 64/65 support level. A lot of this depends on BTC once again.
Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado.Lee los TyC.
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