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 2022
As of Covalent price predictions for the rest of 2022, there are divergent opinions. WalletInvestor expects an upturn towards $0.074646, and TradingBeast echoes with ~$0.076874 by the year’s end. Other experts, for example, from PricePrediction.net, are more pessimistic about Covalent’s future price, citing numbers downwards of $0.06311 in December.
Potential ROI: 5% Buy
Covalent Price Prediction for 2023
In their Covalent price predictions for 2023, PricePrediction.net forecasts the coin’s price to go down to $0.051574 by December. Forecasting Covalent future, WalletInvestor expects further decrease of its price, too, saying the Covalent price will reach ~$0.005972 by that time. On the contrary, TradingBeast keeps predicting Covalent price growth, quoting prices around ~$0.142674 in 2023.
Potential ROI: -2% Sell
Covalent Price Prediction for 2024
Covalent price predictions for 2024 are still predominantly positive, with some analysts promising prices in the $0.086861–$0.188486 range (PricePrediction.net, TradingBeast), while WalletInvestor takes a different view and cites the possibility of the price reaching $0.008659 in December 2024.
Potential ROI: 40% Buy
Covalent Price Prediction for 2025
PricePrediction.net has only optimism in store for the 2025 Covalent price prediction, valuing Covalent at $0.111969 by the end of 2025. TradingBeast agrees with a positive forecast and predicts, in turn, $0.217807 for the same period. On the other hand, WalletInvestor’s team is more pessimistic — their Covalent price prediction for December of this year is just $0.00355.
Potential ROI: 64% Buy
Covalent Price Prediction for 2030
Speaking of long-term Covalent price predictions for 2030, experts present two polar opinions. PricePrediction.net expresses the view that Covalent price won’t grow further and, opposedly, will decline to $0.066503. WalletInvestor’s price prediction for Covalent echoes with the projection of a downtrend to $0.004083. Despite this, TradingBeast’s vision remains positive, promising growth up to $0.429079.
Potential ROI: 145% Buy
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.