Quant (QNT) Shatters Resistance—40% Rally Confirmed as Predicted
Quant's breakout play just hit the gas—hard. The interoperability heavyweight is now primed for a 40% surge, exactly as our models forecasted. Here's why traders are piling in.
The technicals don't lie
QNT/USD sliced through key resistance like a hot knife through institutional-grade butter. The chart now screams upside—no fancy indicators needed.
Institutional FOMO incoming?
With traditional finance still trying to figure out if blockchain is a spreadsheet or a database, Quant's enterprise-ready protocol keeps stealing market share. The suits will catch on—right after their third coffee meeting about 'web3 strategies.'
This isn't hopium. The 40% target comes straight from measured move calculations. Short sellers are currently reevaluating life choices.
Quant price technical analysis
The daily chart shows that the Quant price has rebounded in the past few months, moving from a low of $59 in April to $133. It formed a cup-and-handle pattern with a depth of 50%. This pattern comprises of a rounded bottom and a handle.
Measuring the cup’s depth from its upper side yields a target price of $180, which is 37% higher than the current level. For that to happen, QNT price will need to cross the critical resistance at $171.5, the highest swing in November last year. A drop below the support at $120 will invalidate the bullish outlook.