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NewsBTC 2022-07-11 08:09:06

Quant (QNT) Registers Gains In Past Days – A Short-Term Upswing In Place?

On Saturday, the price of Quant (QNT) extricated from the seven-month-old falling wedge formation. With the continuing retest phase on Monday, buyers will verify the legitimacy of the breakout. QNT is the native cryptocurrency of the Quant Network, a blockchain platform that facilitates the interoperability of blockchains. Monday’s trade price for QNT is $75.71, a decrease of 10.2 percent over the last seven days, according to statistics from Coingecko. Therefore, if the price holds over $77.5, the altcoin could extend the current recovery. Quant (QNT) has increased significantly over the previous week, signaling that a bottom may just be around the corner. The pace increased as purchasers drove the price above $67. Moving averages have accomplished a bullish confluence, and the relative strength index is in the positive region, indicating a potential trend reversal. Suggested Reading | Dogecoin (DOGE) Seen Jumping This Month, Despite Twitter-Musk Deal Collapse Quant Barrels Past $75 Barrier After nearly two months, a huge price increase pushed QNT past the $67 threshold. As QNT bulls forced their way forward, the coin’s price increased, passing the $75 barrier. If bullish momentum sustains this week, the next important price levels to monitor will be $89 and $100. Near $90, the uptrend is encountering a formidable obstacle. Meanwhile, volumes have grown over the last several sessions, resulting in an increase...

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