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One of the only high-performing altcoins during the ongoing crypto bear market is showing signs of slowing down, according to the market analytics firm Santiment. Interoperable blockchain network Quant (QNT) skyrocketed by 133% over five weeks while most of the crypto industry has crawled sideways.
Quant price is bucking the trend of the bear market that is affecting the rest of the cryptocurrency market. After the token bottomed out at $40.40, it gained 368% to exchange hands at $189 at the time of writing. QNT's technical picture seems strong enough to climb the ladder to $500, especially if it can secure higher support – preferably above $180.
Quant is showing a strong push in the face of struggles in the crypto space as it doubled (and added some more) its 14-day price pump. Quant outperforms Bitcoin and Ethereum in terms of 14-day and 30-day price increases QNT is down by almost 10% over the last 24-hours but is still up by almost 29% over the last week Quant could rally all the way up to $300 While a price increase of 28.9% over the last two weeks already sounds impressive considering the extended winter season that caught up with the cryptocurrency market, Quant was able to top that with its gains for the past 30 days.
QNT whales have started securing profits after the token's 450%-plus price rally since June 2022.
The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The bearish order block was worth keeping a close eye on Pullback already underway The higher timeframe structure was firmly bullish for Quant.
Too much over-enthusiasm is never good, especially within the crypto market. Different cryptos have witnessed a significant fall in price after ‘euphoric' traders exited the network post-booking profits.
What's going on with this surging cryptocurrency?
Popular quantitative analyst PlanB says Bitcoin's (BTC) current price action mirrors a pattern that preceded the massive rally that catapulted BTC to its all-time high. The pseudonymous trader argues to his 1.8 million Twitter followers that $20,000 “is the new” $4,000 for BTC.
Quant (QNT) is the first blockchain OS that enjoyed continued gains in the last week despite other coins facing turbulent times. The top-30 coin has enjoyed a five-day upswing, gaining over 34%.
Quant [QNT] started the new week highly as it ranked number one out of 3928 altcoins according to LunarCrush. The coin rallied 16% in the last 24 hours according to CoinMarketCap and was trading at $207.75 at press time.
Bitcoin price continues to trade within a tight range, setting up possible short-term breakout for MATIC, HT, QNT and OKB.
The Quant(QNT) coin undermines the negative market sentiment by a perpendicular rally since last week. The altcoin has been rising for five consecutive days and registered around 42% growth.
Quant was one of the big movers in crypto markets to start the week, as the token rose beyond $200, hitting its highest point since last December. The move means that the token has now risen by nearly 40% in the last seven days. Monero was another notable gainer, rising for a second straight day.
While the broader crypto market continues to linger in bear territory, one cryptocurrency continues its steep climb undeterred and now occupies rank #27 in the top cryptocurrencies by market capitalization. Related Reading: TOP 5 Cryptos To Watch This Week – BNB, BTC, ETH, QNT, LEO Quant (QNT) was trading at half its price exactly one month ago.
Quant Network's QNT token is one of the best-performing digital assets in the crypto market, as its value has surged by over 100% to $216.54 in the last 30 days. The post Quant rises over $200 after surging 100% in 30 days appeared first on CryptoSlate.
In previous weeks, the crypto market looked like it was set to lose its key support with major altcoins such as Bitcoin (BTC), Ethereum (ETH), and other altcoins at the brick of losing their support area holding price sell-offs. Despite the uncertainty, some altcoins have continued to look green at the face of any litmus test.
Quant price witnessed a growth of more than 100% in the past couple of hours to mark new highs at around $213. The asset reached an 18-month high and marked its presence within the top 30 crypto assets as per the market capitalization.
Cryptocurrency QNT surges 18% today and sets all-time record
On Monday (October 17), Australian crypto investor and analyst Miles Deutscher, who joined “Crypto Banter” a few months ago to host a daily DeFi show, said that “you can still make money in the bear market.
Quant (QNT/USD), XDC Network (XDC/USD), and Casper Network (CSPR/USD) are some of the best utility tokens you can buy this October. Quant's native cryptocurrency, QNT, is based on Ethereum (ETH/USD), and it is possible to stake the token and receive rewards.
Quant (QNT) price has potentially reached a short-term top at $228.10. After a slight retracement, the final upward movement can start.
The total cryptocurrency market cap saw net outflows of $17.72 billion since the last wMarket report. The post CryptoSlate Daily wMarket Update – Oct. 14-16: Markets trade flat but Quant posts impressive 23% gain appeared first on CryptoSlate.
The combined crypto market cap was down 0.31% and pegged at $921 billion. With the seemingly bearish trend, here is a brief rundown of altcoins entering the new week with an impressive weekly performance.
According to data from the cryptocurrency analytics platform CoinMarketCap, Quant [QNT] has been a top performer in the last few weeks. Ranked as the #30 largest cryptocurrency with a market capitalization of $2.07 billion, its price has rallied by 81% in the last six weeks.
