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Quant (QNT), a cryptocurrency with a total market cap of $1.88 billion, is outperforming some of the more popular altcoins out there, going up by 10% during the last seven days. According to latest tracking from Coingecko, at the time of this writing, the altcoin is changing hands at $129.88 and is in the midst of a 22.5% increase over the previous two weeks.
Most cryptocurrencies are still consolidating with the general digital assets market, yet to make any decisive move in either direction. The consolidation comes as bearish sentiments prevail in the wake of the FTX crypto exchange collapse.
The Quant price daily chart shows the completion of an ascending triangle pattern. As per the technical setup, the pattern offers a target of the same distance between the neckline and the lowest swing low shot from the breakout point.
Quant was one of the biggest gainers to start the weekend, as price remained close to a multi-week high. This comes as cryptocurrency markets were marginally higher, following Friday's volatile session. Monero was also higher on Saturday, as the token extended its recent gains for a fifth consecutive day.
The co-founder and chief executive of on-chain data analytics firm CryptoQuant is revealing that a stash of seven-year-old Bitcoin (BTC) linked to the hacking of the Mt. Gox exchange in 2014 is on the move.
Following the FTX crypto exchange collapse, the Quant price plunged by 27 per cent, mirroring the industry trends that saw other major coins
Popular quantitative analyst PlanB, known for his stock-to-flow Bitcoin (BTC) model, is expressing bullish sentiment for the flagship crypto asset.
Quant network has partnered with UST to help financial institutions build CBDCs, stablecoins, and so on. QNT follows trend as its price jumps by 10% in the last 24 hours.
QNT's price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $100. QNT's price continues to look weak as bearish market sentiments increase, with things looking uncertain for most traders and investors.
Quant (QNT/USD), which is the cryptocurrency utilized as a means of powering Quant Network's Overledger software solutions, and is finance-oriented, has partnered with UST, a leading digital transformation solutions company. Quant is a solution that aims to connect different blockchains and enterprise software without requiring an infrastructure.
The Quant (QNT) price broke down from an ascending and horizontal support level. The trend is considered bearish until these levels are reclaimed.
Bitcoin price is stuck in a tight range, but TON, CHZ, QNT and TWT caught a bid in the past week.
The global crypto market has witnessed another wave of fluctuations as the market couldn't retain gains. The recent changes in the market show that Bitcoin, Ethereum, and others continue to recede.
Not all cryptocurrency prices slavishly follow Bitcoin's price trend
Quant (QNT) may not be like the Bitcoin and some of its fellow altcoins like Ethereum, Dogecoin and even Shiba Inu in terms of social dominance but it is silently making its move to be included among the list of must-have crypto assets right now. The cryptocurrency, ranking 32nd in terms of market capitalization, seems to have recovered a bit after the broader market experienced a severe slump triggered by the collapse of FTX which used to be the third largest exchange platform in the world.
QNT had a surge in the number of daily active addresses in October but November had the highest address activity QNT's recent low is a significant premium from its $40.
Cryptocurrency prices saw some rebound this morning, with prices for Bitcoin (CRYPTO: BTC), the most valued cryptocurrency in the world, trading higher on Tuesday. Ethereum (CRYPTO: ETH) recorded minor losses, remaining below the $1,300 level on Tuesday.
A V-shaped reversal from $96.7 support triggers a minor relief rally in Quant price. This price rally aligned with a significant volume increase, indicating the buyers are committed to reaching higher prices.
As the market attempts to recover from the FTX cryptocurrency exchange liquidity crunch, several assets are standing out, defying the general downturn. In this line, interoperability-based crypto project Quant (QNT) appears to be building momentum aiming to reclaim previous highs.
Quant (CRYPTO: QNT) recorded a 21% spike, making it the top cryptocurrency gainer in the past 24 hours, even as the overall market experienced a downturn due to the FTX (CRYPTO: FTT) collapse. What Happened: QNT is trading at $117.59.
The future Quant (QNT) price prediction has yet to be confirmed. However, a relief rally seems likely before the direction of the trend becomes apparent.
The global crypto market couldn't improve its value as it hasn't been able to retain its gains. Recent data shows that Bitcoin, Binance Coin, and others have continued to decline in value.
The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Quant's sway below its EMA ribbons exhibited a heightened selling edge, can the sellers continue to propel losses? The altcoin noted a substantial spike in its network growth but its social dominance declined Quant [QNT] marked
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