NewsBTC
2022-10-19 09:57:40

Quant Balloons Over 35% In Last 7 Days Courtesy Of Strong Social Metrics

Quant is showing a strong push in the face of struggles in the crypto space as it doubled (and added some more) its 14-day price pump. Quant outperforms Bitcoin and Ethereum in terms of 14-day and 30-day price increases QNT is down by almost 10% over the last 24-hours but is still up by almost 29% over the last week Quant could rally all the way up to $300 While a price increase of 28.9% over the last two weeks already sounds impressive considering the extended winter season that caught up with the cryptocurrency market, Quant was able to top that with its gains for the past 30 days. At press time, tracking from Coingecko shows the spot price for QNT is $183.39. While it went down by almost 10% over the past 24-hours, it is still up by 76% on its month-to-date performance. The 30th largest cryptocurrency in terms of market capitalization ($2.668 billion) is among the highest gainers right now, outperforming pack leaders Bitcoin and Ethereum in this department. Quant Fails To Sustain Price Above $200 The altcoin made an impressive recovery from its February showing when its resistance marker was at $140. In crypto space, resistance refers to the point when an asset’s price stops increasing. Related Reading: Monero Coin Climbs 6% In Last 3 Days – Bullish Activities Seen For XMR Source: TradingView Bulls were able to dominate the bears and the increased trading volume for Quant was reflected on the asset’s On-Balance Volume (OBV)...

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