Quant (QNT)
With a market cap of $926 million, the QNT price is trading at $76.71 with a 24-hour rise of 7.99%. The QNT price has increased significantly over the last 14 days with a 14% jump last week. Reflecting a bullish reversal from the crucial support of $58.39, the QNT price reveals a double-bottom reversal.
The reversal rally breaks a long-coming falling-channel pattern and signals a conclusion to the correction phase.
Currently, the recovery rally is challenging the 23.60% Fibonacci level at $77.72. Upon a bullish breakout, the uptrend is likely to face resistance at 38.20% and 50% Fibonacci level near $89.99.
As the underlying momentum shifts, the MACD indicator regains a positive alignment. Further, the RSI line is close to hitting the overbought boundary.
Hence, the likelihood of QNT price reclaiming the $100 psychological mark is on the charts. On the flip side, the crucial support levels are present at $70.00 and $60.00.
Discover where QNT could be headed! Check out our QNT Price Prediction 2024-2030 and its potential in the evolving blockchain space!
Retest can be possible of the trendline
Price near supply zone
