$QNT Quant remains one of the most closely watched altcoins after its extraordinary late-September rally. QNT surged roughly 300% in a week, moving from around the $60–$70 area to above $350 before pulling back.
📊 Key levels
Support: $243–$250 Resistance: $300, then $350–$370 Major resistance: around $400–$427 A break below $243 could open the way toward the $208 area.
🔥 Why QNT exploded
The major catalyst was The Clearing House selecting Quant for its On-Chain Money Initiative involving tokenized deposits. QNT also received additional attention after OKX launched QNT perpetual futures on October 1.
⚠️ Important
The rally has pushed momentum indicators into overbought territory, so volatility and sharp pullbacks are possible. Also, Quant's institutional technology adoption does not automatically mean banks must buy or hold QNT tokens.#QNT
#ZcashETFPostsFirstWeeklyOutflow$93.6M #CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #SECProposesCryptoCustodyRules
📊 Key levels
Support: $243–$250 Resistance: $300, then $350–$370 Major resistance: around $400–$427 A break below $243 could open the way toward the $208 area.
🔥 Why QNT exploded
The major catalyst was The Clearing House selecting Quant for its On-Chain Money Initiative involving tokenized deposits. QNT also received additional attention after OKX launched QNT perpetual futures on October 1.
⚠️ Important
The rally has pushed momentum indicators into overbought territory, so volatility and sharp pullbacks are possible. Also, Quant's institutional technology adoption does not automatically mean banks must buy or hold QNT tokens.#QNT
#ZcashETFPostsFirstWeeklyOutflow$93.6M #CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #SECProposesCryptoCustodyRules
