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Quant (QNT) Shows Potential for Continued Upside as Daily Active Addresses Surge 25%
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On-chain metrics indicated a remarkable 25.27% increase in daily active addresses, highlighting a surge in interest surrounding Quant (QNT).
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The leverage among traders has reached critical levels, with $78.90 marking support and $87.10 as resistance.
This article reviews the recent surge in Quant (QNT) price and trading activity, underlining key developments and market indicators.
QNT Price Momentum & Market Sentiment
As of this writing, QNT is trading around $82.30, having experienced a price increase of over 8.50% within the last 24 hours.
During this time, the trading volume surged by an impressive 115%, suggesting robust market engagement and a potential rally. This heightened volume, combined with rising prices, signals a bullish trend that could be sustainable over the coming days.
In contrast, major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) saw modest gains of only 1.60%, 0.35%, and -0.80%, respectively, underscoring QNT’s dominant market performance.
Quant Price Action & Technical Analysis
COINOTAG’s technical analysis reveals a distinctly bullish outlook for QNT, positioning it for substantial upward movement.
