September 30, 2022

QNT Price Touches Three-Weeks Highs AT $150.0

2 min read

QNT coin

QNT price has reflected some truly excellent relocations over the previous four days. The cost shoots today showcased the biggest single-day motion since January 21. At journalism time, ONT is changing hands at $128.00%, up 13% for the day.

  • Quant Network’s native token, QNT rises 10% on Thursday.
  • Nevertheless, the rally fell short below the $150.0 mental level.
  • Volume has actually increased in accordance with the bullish belief over the past four days.

The 24- hour trading volume holds at $160,004,194 with a live market cap of $1,508,248,396 based on the CoinMarketcap data.

QNT has been increasing potentially due to the network interest in Central Bank Digital Currencies (CBDCs). The Quant network expects to make it possible for open access to the digital currencies issued by the central banks.

QNT climbs higher on the daily chart

On the everyday chart, QNT has actually retreated 69% from the highs of $325 to date. Some upside motion has actually been seen after some consolidation near $95.00.

Source: Trading view The Daily Relative Strength Index (RSI) increased greatly from being oversold to near 50.0 level. Bulls require the momentum oscillator to head towards the bullish zone.

The descending trend line from the pointed out level acts as a barrier for the bulls. The trend line has been checked four-time but investors liquidate near the higher levels.

This time too, the QNT cost has tested the bearish slope line. Now, it will be intriguing to watch it the bulls could explore the upside region placed near the horizontal resistance zone of $203.0.

On the other hand, if the cost could not sustain the pressure near the descending pattern line then a various photo will exist for QNT. The cost could again hit the lower level near $80.00

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