Quant (QNT) Consolidation Phase Nears End: $174 and $259 Price Targets in View
Quant's sideways grind looks ready to snap. The blockchain interoperability project has been coiling in a tight consolidation pattern—and technicals suggest the spring is loaded.
Breaking the Range
A decisive close above the current resistance zone could trigger the next leg up. The measured move from the recent base points to two clear upside targets: $174 first, followed by a more ambitious $259. That second level would mark a significant recovery of lost ground, though it's a far cry from the euphoric peaks of cycles past—a sobering reminder that in crypto, what goes up must often come down and consolidate for what feels like an eternity.
Why Quant Now?
The protocol's core thesis—connecting legacy financial systems and central bank digital currencies to multiple blockchains—is hitting its stride. While other projects chase speculative narratives, Quant's enterprise-focused Overledger network is quietly building the plumbing for regulated asset tokenization. It's the kind of boring, foundational tech that gets bankers nodding—and could drive real, sustained demand for the QNT token.
The Trade Setup
Volume has been drying up during the consolidation, a classic precursor to a volatility spike. Traders are watching for a surge with price breaking key levels to confirm direction. Risk management remains paramount; a failure to hold support would invalidate the bullish setup and likely lead to a retest of lower bounds. After all, even the most promising tech can get dragged down by a sour macro mood or yet another 'unforeseen' regulatory hiccup—the financial world's favorite euphemism for a power grab.
Quant isn't just betting on crypto's growth, but on the entire financial system's messy, inevitable migration to blockchain infrastructure. That's a bigger story—and if it plays out, these price targets might just look like a pit stop.
Quant Momentum Neutral, Institutions Eye Accumulation Zones
Momentum indicators encourage a neutral position. The RSI is approximately 47. This indicates Quant isn’t overbought or oversold. The Momentum (10) index has a slight negative bias.
Source: TradingviewLevels to monitor for support: The nearest support level around the mid-region WOULD be $82. Other support levels would be in the range of $70-$75 and the 0.618 Fib level of $64.8, also known as the “Golden Pocket” that establishes the bottom of the long-term structure.
Additionally, the levels of $98-$100 and $120 would act as a strong resistance to the price movements. Until the price sustains above $82, more specifically above $65, the long-term accumulation trend would remain in place.
QNT Could Soar to $174.50–$259.50 If $100 Breaks
Looking at the short term, Quant appears somewhat bearish, given that it retreated from the $100 spot, and the momentum for the short term is headed down. For the medium term, the trend appears to be neutral since the price will continue going range-bound. Looking at the long term, the trend appears to be positive since there may be intense purchasing if the token stays above $65.
Source: TradingviewIf the price surges above $100 by the end of the month, a new bullish trend may begin. The target would be to reach $120 and then $140. According to the analysis, if there is a breakout in the symmetrical triangle pattern, the price of QNT may rally to $174.50 and $259.50. This would be great news for long-term investors.