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 ...

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