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During the previous retracement, which took place around July's fourth week, the Quant (QNT) price retraced 38.2% and bolstered the recovery rally to reach the $132.84 mark. Furthermore, the recent correction tumbled the prices by the same 38.2% and showed some recovery signs at this support.
Quant (QNT) has been falling since Aug 8 and could potentially complete its correction close to $88. The post Quant (QNT) Corrects and Falls Below $100 appeared first on BeInCrypto.
The recent announcement of the revised inflation and the CPI rates have hung the crypto spaces within the bullish & bearish trend. Most of the assets including Bitcoin & Ethereum have been under extreme bearish pressure from the past week that has compelled the crypto space to remain uncertain of the upcoming move.
The daily chart of QNT/USD shows a market that is doing fairly well.
The Quant price prediction could set a bullish run if the buyers can push the coin above the resistance level of $115.
From early July, QNT/USD began to trend up and the price rose from $59.2 and consequently, was valued at $103.9 by the 15th of July.
The QNT price showed a sharp trend reversal as it bounced back from the $42.5 support on June 18th. Thus, the V-shaped recovery displayed a steady march towards the north, gaining 212% within the past two months.
Quant's price is up by 5 percent in today's trading season. The surge in price is a continuation of a long-term trend
A trading robot with a reputation for outperforming the markets is revealing its latest portfolio allocations as most cryptocurrencies try to recover from a weekend dip. Each week the Real Vision Bot conducts surveys while compiling algorithmic portfolio assessments to arrive at a “hive mind” consensus.
Bitcoin NUPL data suggests that the crypto's cycles are getting less sharper with time as profit tops and loss bottoms aren't following a horizontal line. Bitcoin NUPL Didn't Exceed The 0.75 “Greed” Mark During This Cycle As explained by an analyst in a CryptoQuant post, the BTC profit and loss cycles shouldn't be treated with horizontal lines.
The crypto space is undergoing a roller coaster ride since the beginning of the week as the global market cap which was stuck around $1.12 trillion, raised beyond $1.2. Meanwhile, the market cap of the altcoins regained positions above $700 billion.
Quant Network's QNT token is displaying amazing performance. Let's take a closer look at the Quant crypto arrangement and is this the future of finance to invest in?
Cardano (ADA/USD) and Chainlink (LINK/USD) and Quant (QNT/USD) are some of the best cryptocurrencies that you can get on August 11, 2022. The on-chain analysis platform Messari observed that Cardano is priced more aggressively when compared to owning other growing ecosystems due to the anticipation surrounding the Vasil Hard Fork.
Today, Bitcoin has been fluttering between the $22,000 and $23,000 mark. This has pulled down the global crypto market cap by 1.27% which is now positioned at $1.09 trillion. Meanwhile, an analyst, Michael van de Poppe, reveals his analysis of the major altcoins to his 621,500 Twitter fanbase.
August is proving to be a relatively strong money for the market, with several investors confident that it could kick start a recovery for cryptocurrencies.
The Fear and Greed Index is 31 Fear and is -11 from Tuesday's reading of 42 Fear
Cardano (ADA) Cardano price breaks out from the bearish descending triangle and displays a high tendency to propel high. However, the breakout is still not confirmed as the bears are utilizing all their resources to keep the price restricted below $0.55. However, a clear breakout above certain levels may validate the uptrend ahead.
With varying fundamentals driving their inherent growth, Flow (FLOW), Quant (QNT), and Decred (DCR) are the three altcoins expected to become the next wave of bullish momentum in the crypto ecosystem.
Select altcoins such as FLOW, THETA, QNT, and MKR could rally if Bitcoin breaks above the stiff overhead resistance at $24,668.
The recent V-shaped recovery in QNT price from $87.5 support formed the handle portion of the cup and handle pattern. This bullish reversal pattern shows its neckline resistance at the $110 mark.
Apifiny, the global cross-exchange digital asset trading network, recently announced the release of Apifiny Algo V1.1, an advanced crypto trading library in C++ “for High-Frequency Trading (HFT) and latency-sensitive traders.
Altcoins led the market today, Ethereum Classic and Quant, in particular, to pull the total market cap up to $975 billion.
Under the influence of a descending trendline, the ongoing correction has dropped Quant (QNT) price to its current price of $94.2. The multiple retests to this trendline indicate the traders are actively selling at this barrier.
The majority of cryptocurrencies have traded positively in the last 24 hours, with some digital assets recording solid gains, being
