Quant (QNT) Sees Minimal Profits But Looks Promising

The Quant token has posted notable gains as of the time of writing. Also, price movement in this market has been able to keep its base above a key technical level. This bolsters the opinion that the token may see more price increases shortly.

QNT Market Statistics

Current Price: $101.59

Market Capitalization: $1.21B

Circulating Supply: 12.07M

Total Supply: 14.88M

CoinMarketCap Rank: 72

Key Price Levels

Resistance: $102.50, $105.00, $107.50

Support: $100.00, $97.50, $95.00

QNT Pushes Through a Key Resistance

Price movement in the Quant daily market has remained minimal, but for what it’s worth, it has stayed bullish. The ongoing session has pierced through the 9-day Exponential Moving Average (EMA) line.

Also, the corresponding price candle stays bullish and, as such, indicates that more positive movements may be registered in this market. Additionally, the Stochastic Relative Strength Index (SRSI) indicator lines, dipping toward the 50 mark of the indicator, can be seen shifting toward something more positive as upside forces test a breach of the ceiling formed by the 9-day EMA line.

Quant Poised to Extend Gains

Even on shorter market time frames, it is visible that the QNT token has shown the impression that upside forces are likely to keep pushing upward. The last price candle on this chart stays green, even as it appears to be just starting a new session.

Nevertheless, its bullish stand above the 9-day EMA curve suggests a bright outlook. Similarly, the SRSI indicator lines are proceeding upward. The lead line has passed the 80 mark and continues upward. The lead line lies notably ahead of the lagging one and, as such, suggests notable volatility. Therefore, this market may subsequently proceed towards the $104 price level.

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