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2022-10-14 12:44:01

Quant (QNT) Holds Gains When Top Cryptos Plummet Following BTC

Despite being a lesser-known cryptocurrency, Quant has held gains while top coins, including Bitcoin, have fallen in value. The price of Quant had fallen along with the rest of the crypto market at the start of the year. However, it has slowly experienced growth since then, trading at $157 at press time. This is over 248% gain from its yearly low of $44.42 on June 17. Quant’s weekly and three-month charts have also been in the green. Its weekly chart shows that the coin has been on an uptrend for the past two weeks. The coin has seen some volatility, but it has been able to hold onto its gains. This is quite impressive given the recent dump seen by other cryptocurrencies, including Bitcoin, the pioneer crypto. Related Reading: Bitcoin Dominance Rises As Market Turns Red, What Does This Mean For Altcoins? Quant Price Analysis Quant (QNT) prices continued to climb for a second day on Thursday, hovering above an eight-month high. The coin reached a new all-time high of $163.83 on Sunday, the first time this has happened since February 8. Earlier on in today’s trading session, the QNT/USD pair reached a high of $157.80. This brought the coin’s price to within $6 of the all-time highs stated earlier. QNT’s 14-day relative strength index (RSI) is at 70.19, which indicates that the stock is overbought after recent gains. This is just below a resistance level of 71.00. Quant bulls will need to break through this resi...

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