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?
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.
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.
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.
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.
Explore an in-depth examination of RWA Coins price outlook in the current market context. The article provides expert insights and anticipations based on recent market trends and cryptocurrency forecasts.
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.
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.
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.
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.
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.
Over the past week, crypto venture capital (VC) funds made strategic adjustments to their portfolios.
The cryptocurrency market has been notably volatile in the past week, exhibiting both sharp declines and brief recoveries.
The crypto market in June has been a tug-of-war between Bulls and Bears. Bitcoin making runs between $60K and $62K, Ethereum's price is on a downtrend, and other altcoins show mixed signals. As we finally see a positive momentum rising, here are some resilient top gainers that have the spotlight of today.
The bears are slowly squeezing all the profits gained in the past few days, indicating the markets are approaching the peak of the consolidation. Therefore, some of the altcoins have already initiated a bullish breakout. Quant has reached the end of the consolidation and hence a breakout was pre-programmed.
The price of Quant (QNT) has been downgraded in the last three months. According to the price forecast, selling pressure is expected to reach a low of $67.
A quant has pointed out how the trends in the BitMEX exchange reserve have affected the Ethereum price during the past few years. BitMEX Ethereum Whales Have Shown Smart Money Behavior In Recent Years In a CryptoQuant Quicktake post, an analyst discussed a pattern in the ETH exchange reserve of the BitMEX platform.
The CEO of blockchain analytics platform CryptoQuant, Ki Young Ju, is updating his outlook on altcoins ahead of a potential approval of spot Ethereum (ETH) exchange-traded funds (ETF) by the U.S. Securities and Exchange Commission (SEC).
The price of Quant (QNT) has fallen and is in a sideways trend. In the recent price action, the altcoin corrected upwards but was dumped at the high of $140.