QNT approaches a crucial breakout, as positive metrics fuel hopes for a trend reversal.
Quant (QNT), a prominent player in the blockchain space, has been stuck in a narrow price range between $60 and $70 for several months. With increased buying and selling pressure, the crypto community is buzzing with speculation about whether the token can break out of its current pattern and push beyond the $70 resistance level.
Quant is approaching a breakout, with bullish momentum building despite increased selling pressure.
Quant's token, QNT, is currently showing some intriguing signs that could suggest a potential price reversal. However, investors should remain cautious as the market dynamics evolve.
Quant (QNT) has recently displayed signs of bullish sentiment, but the market is still under pressure. Despite strong indications from both retail and institutional investors, the question remains: is now the right time to jump into QNT?
Quant's bullish sentiment is better now, but is there still need for caution?
Story Highlights The live price of the Solar token is . SXP price could reach a maximum of $0.45 in 2024. Solar price may go as high as $2.47 by 2030. The dynamic growth of the crypto industry over the years has given life to the evolution of many advanced crypto projects.
QNT deposited to exchanges has increased 5x in the last 24 hours.
On-chain data shows the Bitcoin Active Addresses have continued to see a steep decline recently, a sign that could be bearish for BTC.
Quant attracted institutional players and retail traders as QNT maintained robust bullish sentiments before the post-Fed rate cut broad market rebound. Meanwhile, the altcoin trades in a seemingly break-or-make point after gaining 43% the previous month. Quant lost 2% and 1.58% in the past week and day. Meanwhile, its current price of $74.
QNT maintains bullish sentiment but needs to hold key support to trigger further gains.
IOTA could ride the real-world assets surge and decentralized finance traction to gain. Meanwhile, as cryptocurrency prices rise amid Bitcoin's surge to $66k, altcoins such as Kava (KAVA) and Enjin (ENJ) could follow suit. Bitcoin spot ETFs record $366m in net inflows US spot Bitcoin ETFs saw $365.
Bitcoin has struggled to hold onto the critical $60,000 support level in recent weeks due to the increasing selling pressure. Meanwhile, several emerging altcoins have outperformed Bitcoin over the past week. This has made analysts rethink their forecasts on leading altcoins including FET, Quant and Fantom which might lead gains in the coming week.
Bitcoin's rebound above $57,000 sparks a wave of gains across the altcoin market, with QNT, FTM, and OM leading the charge.
On-chain data suggests further tailwinds for Quant's price.
Quant (QNT) investors are looking for new opportunities to maximize their bullish gains. One of the most promising investments gaining attention is Mpeppe (MPEPE), a new gambling coin currently priced at $0.0021.
QNT, the native token of Quant, has seen a 10% surge over the past day, making it the top gainer in the market today. According to price data from crypto.news, Quant (QNT) was trading at $77.02 upon writing.
Amid the crypto market hitting a crossroads near the weekend, the altcoins market is ending the week on a minor recovery note. With the increasing chances of a breakout rally next week, many altcoins offer a simple buy low, sell high opportunity.
The crypto prices today have sparked a tidal wave of speculations among investors globally. Bitcoin (BTC) price encountered turbulence at the $58K level, whereas Ethereum (ETH), Solana (SOL), and XRP mimicked a volatile movement.
Cryptocurrency prices moved sideways this week even after the United States published encouraging consumer inflation data. Bitcoin was stuck below $60,000 while Ethereum moved slightly below $60,000. The total valuation of all cryptocurrencies remained at $2.04 trillion while the crypto fear and greed index moved to the fear zone of 37.
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The cryptocurrency landscape is once again showing signs of recovery, with notable projects like Quant (QNT) and Mpeppe (MPEPE) attracting significant attention from investors and traders alike. While Quant (QNT) is experiencing a surge in address activity, Mpeppe (MPEPE) is lighting up the market with its innovative features as a gambling casino ICO, offering unique opportunities for those looking to capitalize on the next wave of crypto growth.
In the world of cryptocurrency, both established giants and emerging tokens are capturing the attention of investors. Recently, Quant (QNT) has shown signs of a strong bullish trend, while whales are eyeing new opportunities in the fast-growing gambling token Mpeppe (MPEPE).
Quant's recent performance has been noteworthy. Over the past 24 hours, QNT has achieved a 7.5% gain, outpacing many other cryptocurrencies.
Daily active addresses have reached the highest level in more than a year.
The recent surge in Quant (QNT) prices has brought fresh optimism to its holders. Meanwhile, the new casino-based cryptocurrency, Mpeppe (MPEPE), is attracting significant investment from Ethereum (ETH) whales.
Quant (QNT) is among the altcoins that decoupled from the downside trends in the broad market, gaining over 17% over the past week. The weekly chart confirms a remarkable jump from $56.11 to press time levels of $71.04. That saw QNT hitting the highest price mark since 24 August.
QNT, the native token of Quant, has experienced a sharp rally over the past week, gaining over 17% in response to the regulatory green light for its staking feature. According to price data from crypto.
Binance announces the suspension of ENJ token deposits and withdrawals for a network upgrade on September 9, 2024. Trading activities will remain unaffected.
Quant (QNT) token rose for the second consecutive day, reaching a high of $70, its highest swing since Aug. 26. It rose by over 23% from its lowest point last week but remains 54% below its highest point this year.
Cryptocurrency Prices Today (September 8): The broader market today regained an upward movement after a slumping action recently. Bitcoin (BTC) price reattained an upward movement to reach the $54K level, whereas Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the green territory.
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Quant (QNT) is showing strong potential for growth as 2024 approaches, with several altcoins gearing up for a bull run. Despite a dip in the broader market and Bitcoin sliding toward $57,000, QNT remains resilient, holding steady above $50.
Cryptocurrencies faced significant bearish pressure on Friday, with Bitcoin briefly dropping below the $58,000 mark, hitting $57,994. Although bulls quickly reclaimed the $58,300 level, the altcoin market bore the brunt of the decline, with Enjin, Dent, and EOS leading the downturn.
Bitcoin's price took a sharp nosedive over the past two days, dropping from $65,062 to $58,053, a staggering 10.8% decrease. This recent decline has sent shockwaves through the cryptocurrency market, leaving investors and traders scrambling for answers.
As the cryptocurrency market navigates through a period of uncertainty, recent data from Crypto Quant suggests that Bitcoin may be on the cusp of a bearish trend. The report, which analyzes various market indicators, points to a slowdown in Bitcoin whale activity—a development that could signal a weakening of the cryptocurrency's bullish momentum.
Bitcoin (BTC) has once again captured the attention of the crypto community with its recent price movements. After surging past the $55,000 mark in early August 2024, Bitcoin has been trading within a tight range, oscillating between $57,000 and $63,000.
This week's trio of top cryptocurrencies are worth watching in the coming days.
Enjin Coin (ENJ) has been navigating a turbulent period as bearish market conditions impact its price trajectory. As of the latest data, ENJ trades at $0.1812, reflecting a decline of 3.4% over the past 24 hours and a steep 39.9% over the past year.
Quant analyst PlanB is predicting a big move for Bitcoin (BTC) will unfold by the end of this year, based on several indicators. PlanB tells his nearly 2 million followers on the social media platform X that he's watching Bitcoin's miner revenue metric.
Quantitative fund Kbit believes that greater returns lie within the digital asset space itself as hedge funds turn to traditional strategies like the basis trade to capitalize on the recent surge of crypto ETFs.
Kbit has over $100 million in assets and is expanding into the US Bitcoin and Ethereum ETF market.
Swipe (SXP) is revving up as it prepares for a major milestone: the launch of its highly anticipated Solar card in August. Despite the current sideways movement in the crypto market, Swipe is set to gain momentum, positioning itself as a key player in the forthcoming bull run.
According to the trend in an on-chain indicator, an analyst has explained how Bitcoin may still need to reach the top of the current bull cycle. Bitcoin aSOPR Hasn't Yet Reached Levels Associated With Past Cycle Tops As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin Adjusted Spent Output Profit Ratio (aSOPR) is yet to go as high as during the tops of the previous cycles.
The analysis of Crypto Quant CEO Ki Young Ju holds significant sway. Recognized for his meticulous evaluations based on on-chain data, Ju's recent insights into Bitcoin's market trajectory provide valuable perspectives amidst evolving economic indicators and Federal Reserve policy implications.
Since last week, Bitcoin has been trying to recover after dipping to $58,562. Although it nearly reached $63,976 on July 1, increased selling pressure and continued selling of Bitcoin by the German government forced its price back down to $60,490, reflecting a 3.6% drop.
The price of Quant (QNT) is moving in a range between $72 and below the moving average lines.
A quant has explained how a rally could be possible for Bitcoin in this third quarter of 2024 as miner selling pressure has disappeared. Bitcoin Miners Appear To Have Stopped Their Selling In a CryptoQuant Quicktake post, an analyst has talked about how the selling pressure concerns from miners have resolved recently.