Quant (QNT) is demonstrating promising signs of recovery, with its price stabilizing near crucial support levels despite a recent dip in momentum. Technical indicators point towards potential bullish momentum, including a double-bottom formation at $102 and the Parabolic SAR showing upward movement. Network activity is also increasing, with more active and new addresses joining the network. This positive trend suggests a shift towards accumulation and growing investor confidence. However, sustained price growth depends on QNT surpassing the $121.44 resistance level.
is showing encouraging signs of recovery, with its price holding steady near key support levels despite a recent dip in momentum.
Breaking above the $121.44 resistance would confirm this reversal and open the path toward the next significant resistance level at $145.12. This increase indicates greater engagement from both new and existing users, often translating to stronger price action. Consequently, growing participation reinforces optimism for QNT’s near-term potential.
This trend aligns with the increasing number of investors choosing to hold QNT rather than sell. Consequently, such behavior often precedes bullish momentum, as demand outweighs supply in the market.The exchange reserve for QNT decreased by 0.24% in the last 24 hours, dropping to 1.3927M QNT. This decline reflects increased withdrawals as investors move their tokens off exchanges for long-term holding.
Quant QNT Cryptocurrency Recovery Bullish Momentum Technical Indicators Network Activity
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