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Table of Contents
Covalent Price Prediction
Covalent Fundamental Analysis
Covalent Live Price Chart
Covalent Technical Analysis
Despite the fact that 100% accurate technical analysis for Covalent cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated CQT buy-and-sell rating for selected timeframe. The summary for CQT/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Technical Analysis for CQT by TradingView
Covalent Price Prediction
Below we have collected the most reliable price projections for Covalent (CQT) from popular forecast platforms.
Covalent Price Prediction for 2023
As for Covalent price predictions for the rest of 2023, there are divergent opinions. WalletInvestor expects a downturn towards $0.07329, and TradingBeast echoes with ~$0 by the year’s end. Other experts, for example, from PricePrediction.net, are more enthusiastic about Covalent’s future price, citing upwards of $0.123546 in December.
Potential ROI: -37% Sell
Covalent Price Prediction for 2024
In their Covalent price predictions for 2023, WalletInvestor’s forecasts the coin’s price to go above $0.173802 by December. Forecasting Covalent's future, PricePrediction.net expects further growth, too, saying the Covalent price will reach ~$0.191601 by that time. On the contrary, TradingBeast keeps predicting Covalent price decline, quoting prices around ~$0 in 2023.
Potential ROI: 16% Buy
Covalent Price Prediction for 2025
The experts are unanimous in their Covalent price forecasts for 2024 — everybody expects Covalent’s price to drop down by the end of that year. WalletInvestor predicts the price to fall, reaching $0.075384. According to TradingBeast’s research, Covalent’s price can drop down to $0. PricePrediction.net’s forecast is also not so positive: its analysts hold the view that by 2024 Covalent’s price will be about $0.055491.
Potential ROI: -58% Sell
Covalent Price Prediction for 2026
Both PricePrediction.net and TradingBeast doubt that the Covalent market will grow in 2025, predicting the price drop to $0.053397 and $0 by the end of the year respectively. Other Covalent price forecasts support the idea: WalletInvestor forecasts Covalent to fall down to $0.034551 by December 2025.
Potential ROI: -72% Sell
Covalent Price Prediction for 2031
Speaking of long-term Covalent price predictions for 2030, experts present two polar opinions. WalletInvestor expresses the view that Covalent price won’t grow further and, opposedly, will decline to $0.030363. TradingBeast’s price prediction for Covalent echoes with the projection of a downtrend to $0. Despite this, PricePrediction.net’s vision remains positive, promising growth up to $0.140298.
Potential ROI: -46% Sell
As it can be clear from the analysis cited above, Covalent (CQT) projections are rather contradictory. There is no universal consensus either about positive or negative future CQT price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Covalent projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.