NewsletterQNT Price Touches Three-Weeks Highs AT $150.0
QNT price has reflected some really good moves over the past four days. The price shoots today showcased the biggest single-day movement since January 21. At the press time, ONT is changing hands at $128.00%, up 13% for the day.
- Quant Network’s native token, QNT surges 10% on Thursday.
- However, the rally fell short below the $150.0 psychological level.
- Volume has risen in accordance with the bullish sentiment over the past four days.
The 24- hour trading volume holds at $160,004,194 with a live market cap of $1,508,248,396 as per the CoinMarketcap data.
QNT has been rising possibly due to the network interest in Central Bank Digital Currencies (CBDCs). The Quant network expects to enable open access to the digital currencies issued by the central banks.
QNT climbs higher on the daily chart
On the daily chart, QNT has retreated 69% from the highs of $325 to date. Some upside movement has been witnessed after some consolidation near $95.00.
The Daily Relative Strength Index (RSI) rose sharply from being oversold to near 50.0 level. Bulls force the momentum oscillator to head toward the bullish zone.
The descending trend line from the mentioned level acts as a barrier for the bulls. The trend line has been tested four-time but investors liquidate near the higher levels.
This time too, the QNT price has tested the bearish slope line. Now, it will be interesting to watch it the bulls could explore the upside region placed near the horizontal resistance zone of $203.0.
On the other hand, if the price could not sustain the pressure near the descending trend line then a different picture will be presented for QNT. The price could again hit the lower level near $80.00
- Crypto Exchange HashKey Set to Open Investor Orders for $200M IPO, Eyes December Listing
- Just-In: Elon Musk’s SpaceX Moves Another $100M in Bitcoin, What’s Happening?
- Why is Crypto Market Down Today (Dec 5)?
- US PCE Inflation: Wall Street Estimates, Expert Insights, What Crypto Market Can Expect?
- Seed Funding Vs Series A – Key Differences Explained
- Is ZCash Price Set for a Bigger Rally After Its 10% Surge on the Bitget Listing?
- Aster Price Outlook as Buyback Wallet Burns 77.86M ASTER Worth $79.81M
- What’s Next for Dogecoin Price After Whales Scoop 480M DOGE?
- Can Solana Price Bounce Back to $200 by End of 2025?
- Cardano Price Prediction Ahead of Midnight Sidechain Launch — Is ADA Headed for $0.85?
- Sui Price Eyes $2+ as SEC Approves First 2X Leveraged SUI ETF
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
