Quant (QNT) Decouples from Downside Market Trends, Poised for Extended Recoveries

Quant (QNT) is among the altcoins that decoupled from the downside trends in the broad market, gaining over 17% over the past week.

Quant (QNT) has been among the few altcoins that managed to decouple from the prevailing downside trends in the broad market, posting gains of over 17% in the past week. A closer look at the weekly chart reveals a remarkable jump from $56.11 to press time levels of $71.04.

That saw QNT hitting the highest price mark since 24 August. Moreover, the token has an additional recovery room as it stays 48% below its 2024 peak.

Quant’s performance becomes even more attention-grabbing when considering how the alt maintained an upside stance as top cryptos like Bitcoin and Ethereum plummeted. BTC and ETH now hover at $54,770 and $2,300 after dropping 5.30% and 6.20% in the previous week.

QNT Poised for Extended Recoveries, On-Chain Stats Reveal Key Changes

As traders await a potential Bitcoin/crypto rebound, three notable assets that are seeing a sudden surge in address activity include Cardano (ADA), Quant (QNT), and Holo (HOT).

Now, when coins that are declining in value suddenly see rises like these, it historically raises the likelihood of a bounce.

The surge in wallet activity is evident in a positive divergence between Daily Active Addresses and QNT’s price. That indicates increased investor enthusiasm and amplified accumulation (which often trigger notable price rebounds).

Furthermore, crypto whales are showing interest in Quant at current prices, which could support potential gains in the upcoming trading sessions.

Coinglass data also shows the asset’s futures open interest skyrocketing to $13.91 million, marking the highest level since 7 June. This reflects a significant uptick from last week’s $6.50 million, further highlighting increasing investor interest in QNT futures.

Memahami Kuantiti: Menyambung Rangkaian dan Rantaian Sekat Dengan Lancar

Quant ialah projek crypto yang bertujuan untuk menyambungkan rangkaian dan rantaian blok tanpa menghalang kesalingoperasian dan kecekapan. Keupayaannya yang mengagumkan telah menarik perhatian daripada pihak seperti Bank Dunia, mengukuhkan status QNT dalam dunia crypto.

Formula Kemenangan: Betapa Terkesan Bank Dunia #QNT

Tindakan Harga Semasa dan Analisis Teknikal Quant

QNT berdagang pada $71.18 selepas peningkatan 5% dalam carta hariannya. Kenaikan harga semasa datang selepas altcoin mengalami pembetulan sejak beberapa bulan lalu. Pada suku akhir 2023, token itu meningkat kepada paras tertinggi sekitar $430 sebelum mengalami aliran menurun hingga awal 2024.

Kini, memandangkan kenaikan harga kelihatan bersedia untuk membalikkan arah aliran dengan pemulihan ketara, rintangan terdekat ialah $71.58, di atasnya QNT berkemungkinan akan melanjutkan trajektori menaiknya. Sebaliknya, penurunan harga di bawah paras sokongan penting sebanyak $55.9 akan membatalkan aliran menaik yang dijangkakan dan mencetuskan penyatuan atau pembalikan menurun.

Analisis teknikal menunjukkan sentimen bercampur-campur untuk QNT. Purata pergerakan 50 hari (digambarkan dengan warna biru) harus melepasi purata pergerakan 200 hari (berwarna ungu) untuk menyerlahkan arah aliran kenaikan harga yang teguh. Walau bagaimanapun, MA yang lebih pendek bergoyang di bawah lebih panjang boleh menunjukkan penurunan harga.

Indeks Kekuatan Relatif, yang mengukur momentum, menunjukkan QNT menghampiri keadaan terlebih beli, menyerlahkan kemungkinan penarikan semula dalam tempoh terdekat. Sementara itu, Penumpuan Purata Pergerakan berada di ambang melintasi garis isyarat, yang akan mencerminkan kekuatan kenaikan harga.

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