NewsBTC
2022-09-26 23:51:51

Quant (QNT) Gains In Value Daily When Many Top Coins Bleeds

Major crypto assets are not showing any significant upside in price. As such, it is hard to keep track of the top gainers in the crypto market. Still, a coin has shown impressive price action over major crypto assets. The past week has been interesting for Quant ($QNT) despite the cryptocurrency market’s fall in price. $QNT is one of the few tokens to increase despite top coins bleeding. Considering this chart, the overall price movement for QNT looks exceptionally bullish. Related Reading: Polkadot Price Watch: What A Drop In This Key Area Can Mean For DOT? This article provides technical insights into Quant token price. Also, it gives a brief overview of Quant token, which could be of great value to potential crypto enthusiasts and investors. Take a look. Technical Analysis of Quant price The weekly chart shows the bullish movement of Quant. The price has broken out from a descending resistance line that had been in place since September. Furthermore, the breakout occurred after the price bounced at the long-term $40 horizontal support area. Currently, the price is gearing up for an attempt at breaking out. So far, QNT has reached a high of $119, only slightly below the $150 horizontal resistance area. Since the weekly RSI has already broken out, the price will likely reclaim the $150 area. The daily chart also provides a bullish outlook. The token has been following an ascending support line since June 13. It made a recent ...

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.