Quant Price Prediction: Will QNT Smash Through $97 to Ignite the Next Bull Run?
Quant's QNT token is knocking on a critical door. The market holds its breath—can it break the $97 barrier and launch the next major rally?
The $97 Threshold
For traders and analysts, that number isn't arbitrary. It's the line in the sand. A clean break above it doesn't just mean a few percentage points of gain; it signals a potential shift in market structure and investor sentiment. History shows these key resistance levels often act as springboards—or ceilings.
Beyond the Technicals
Price action tells one story, but Quant's underlying tech tells another. Its Overledger protocol aims to connect blockchains—a grand vision in a world still building walls. While some projects promise interoperability, Quant is trying to architect it. That fundamental bet is what long-term holders are banking on, regardless of short-term chart squiggles.
The Rally Catalyst
If $97 falls, what's next? Momentum could attract a fresh wave of capital, the kind that turns a breakout into a sustained trend. It would validate the patience of the bulls and force the skeptics to reconsider. Of course, in crypto, every rally is just one 'rug pull' rumor or regulatory murmur away from a nosedive—because what's finance without a little existential dread?
The Verdict
All eyes are on that key level. A decisive close above $97 could be the green light the market's waiting for. A rejection? That means more consolidation, more waiting. One thing's for sure: the move will be anything but boring.
Quant Holds Demand Zone as Buyers Defend Support
Analyst CryptoPulse highlighted that QNT is trading within a powerful and clear daily demand zone. Buyers have intervened on this level on several occasions and have served to diminish the selling pressure and allow the price to stabilize. This action indicates that the region is still relevant in terms of short-term assistance.
If this zone holds, the downside risk might remain contained. Analysts are monitoring recovery levels of $84, $90, and $105 for a potential resurgence of buying interest. A clear break below the price of $67.8 WOULD nullify this formation and reflect a change in the bearish perspective.
Source: X
Additionally, another analyst, Jonathan Carter, mentioned a symmetrical triangle that was developing on the three-day chart. Quant is trading close to the lower limit of that structure, where the price action is tight. Carter’s explanation of this zone is that the strategic support is still present because buyers will always intervene on the pullbacks and reduce downside movements.
Source: X
Provided that this support still exists, Analysts can see prospects of a recovery movement. He pointed to short-term resistance at levels of $80 and $97. More positive momentum could lead to higher levels at $123, $143, and $165.
RSI and MACD Signal Weak Momentum for QNT
The Relative Strength Index (RSI) is at 39.89 with its signal line at 39.38. These values put QNT below the neutral values but above the oversold territory. The MACD indicates the absence of bullish strength. The MACD line is at -3.16, and the signal line is at -3.02. The value of the histogram, -0.14, indicates a bearish trend but not increasing any faster.
Source: TradingView
According to CoinGlass data, the trading volume has declined by 3.53% to $26.17 million. However, the open interest increased by 0.38% to $14.84 million. The Quant OI-weighted financing rate stands at 0.0075%, which indicates equal leverage both on long-term and short-term positions.
Source: CoinGlass
However, Quant is currently trading at a pivotal juncture. Quant is holding positions in support zones, but it lacks strong and confident momentum. The directional change will be based on the effectiveness of buyers in defending current levels or sellers pushing below important support.
