{"id":511251,"date":"2022-12-06T01:28:56","date_gmt":"2022-12-06T06:28:56","guid":{"rendered":"https:\/\/wncen.com\/?p=511251"},"modified":"2022-12-06T01:31:56","modified_gmt":"2022-12-06T06:31:56","slug":"quant-shows-potential-for-a-surge-beyond-the-150-marker","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/quant-shows-potential-for-a-surge-beyond-the-150-marker\/","title":{"rendered":"Quant Shows Potential For Surge Beyond $150 &#8211; Can QNT Hit Its Target?"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Quant (QNT), a cryptocurrency with a total market cap of $1.88 billion, is outperforming some of the more popular altcoins out there, going up by 10% during the last seven days.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to latest tracking from <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/quant\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Coingecko<\/span><\/a><span style=\"font-weight: 400\">, at the time of this writing, the altcoin is changing hands at $129.88 and is in the midst of a 22.5% increase over the previous two weeks.<\/span><\/p>\n<p>At a glance:<\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Quant has established important support zones of $111.5 and $100<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">QNT may soon test the $157 resistance territory<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The altcoin is enjoying a weekly gain of 10%<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Prior to the crypto market woes that were brought about by the collapse of the FTX exchange platform, the digital asset was enjoying a good run above the $160 region.<\/span><\/p>\n<p><span style=\"font-weight: 400\">After the exchange imploded, QNT was hit very hard, diving all the way down to $95.28 on November 14. Since then, the digital coin has done a great job of bouncing back to reclaim and sustain the $100 territory.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Over the last few days, Quant&#8217;s price action formed an ascending triangle pattern which indicates more bullish activity from the 30th largest cryptocurrency in terms of overall valuation.<\/span><\/p>\n<h2><b>A Possible Push Beyond $150 Zone For QNT<\/b><\/h2>\n<p><span style=\"font-weight: 400\">With its Relative Strength Index (RSI) positioned above the neutral zone, there is indeed a positive outlook for the trajectory of Quant price.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/chiliz-is-losing-heat-despite-world-cup-pomp\/\" target=\"_blank\" rel=\"noopener \">Why Chiliz Is Losing Heat Despite World Cup Pomp; CHZ Down Over 30%<\/a><\/div>\n<pre style=\"text-align: center\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-511252 aligncenter\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/12\/C1-7.png?resize=460%2C263\" alt=\"\" width=\"460\" height=\"263\"><span style=\"font-weight: 400\">Source: TradingView<\/span><\/pre>\n<p><span style=\"font-weight: 400\">On three different occasions, QNT has already tested its support and resistance trendlines of $128-$125, indicating that traders have active participation for the asset&#8217;s technical set-up.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The asset, on December 2, made a decisive push beyond the set resistance neckline of $128, triggering the <\/span><a href=\"https:\/\/coingape.com\/markets\/a-bullish-pattern-sets-quant-price-on-18-5-growth-buy-now\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">bullish run<\/span><\/a><span style=\"font-weight: 400\"> that comes with its current price action pattern.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Combining with the definitive increase in QNT trading volume, this momentum is expected to kickstart a strong surge of 18.5% to catapult the asset all the way up to the $155 resistance region.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Traders and those who are considering buying right now, however, need to keep a close eye on the altcoin as the bullish thesis will be nullified in the event of a price dump that pulls Quant below its support zones of $111.5 and $100.<\/span><\/p>\n<h2><b>Worst Case Scenario For Quant<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Should the digital coin fail to capitalize on its current momentum and do fall below the crucial support territory, <\/span><a href=\"https:\/\/coincodex.com\/crypto\/quant-network\/price-prediction\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Coincodex<\/span><\/a><span style=\"font-weight: 400\"> predicts a sharp decline for its trading price.<\/span><\/p>\n<p><span style=\"font-weight: 400\">If this unfolds, within the next five days, Quant will most likely decrease its value by almost 27% to change hands at $95.77.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, after such price dump, the asset is seen to once again mount a recovery to trim its losses. The online crypto information provider predicts that during the next 30 days, QNT will possess a trading price of $101.58<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/litecoin-continues-to-surge-as-hash-rate-records-new-ath\/\" target=\"_blank\" rel=\"noopener \">Litecoin Continues To Surge As Hash Rate Records New ATH \u2013 How About LTC Price?<\/a><\/div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/9URYDFPh\/\" width=\"2047\" height=\"979\"><\/p>\n<pre style=\"text-align: center\">QNT total market cap at $1.5 billion on the daily chart | Featured image: Motivation Grid, Chart: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Quant (QNT), a cryptocurrency with a total market cap of $1.88 billion, is outperforming some of the more popular altcoins out there, going up by 10% during the last seven days. According to latest tracking from Coingecko, at the time of this writing, the altcoin is changing hands at $129.88 and is in the midst of a 22.5% increase over the previous two weeks. At a glance: Quant has established important support zones of $111.5 and $100 QNT may soon test the $157 resistance territory The altcoin is enjoying a weekly gain of 10% Prior to the crypto market woes that were brought about by the collapse of the FTX exchange platform, the digital asset was enjoying a good run above the $160 region. After the exchange imploded, QNT was hit very hard, diving all the way down to $95.28 on November 14. Since then, the digital coin has done a great job of bouncing back to reclaim and sustain the $100 territory. Over the last few days, Quant&#8217;s price action formed an ascending triangle pattern which indicates more bullish activity from the 30th largest cryptocurrency in terms of overall valuation. A Possible Push Beyond $150 Zone For QNT With its Relative Strength Index (RSI) positioned above the neutral zone, there is indeed a positive outlook for the trajectory of Quant price. Related Reading: Why Chiliz Is Losing Heat Despite World Cup Pomp; CHZ Down Over 30% Source: TradingView On three different occasions, QNT has already tested its support and resistance trendlines of $128-$125, indicating that traders have active participation for the asset&#8217;s technical set-up. The asset, on December 2, made a decisive push beyond the set resistance neckline of $128, triggering the bullish run that comes with its current price action pattern. Combining with the definitive increase in QNT trading volume, this momentum is expected to kickstart a strong surge of 18.5% to catapult the asset all the way up to the $155 resistance region. Traders and those who are considering buying right now, however, need to keep a close eye on the altcoin as the bullish thesis will be nullified in the event of a price dump that pulls Quant below its support zones of $111.5 and $100. Worst Case Scenario For Quant Should the digital coin fail to capitalize on its current momentum and do fall below the crucial support territory, Coincodex predicts a sharp decline for its trading price. If this unfolds, within the next five days, Quant will most likely decrease its value by almost 27% to change hands at $95.77. Meanwhile, after such price dump, the asset is seen to once again mount a recovery to trim its losses. The online crypto information provider predicts that during the next 30 days, QNT will possess a trading price of $101.58 Related Reading: Litecoin Continues To Surge As Hash Rate Records New ATH \u2013 How About LTC Price? QNT total market cap at $1.5 billion on the daily chart | Featured image: Motivation Grid, Chart: TradingView.com<\/p>\n","protected":false},"author":557,"featured_media":504276,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[134,87490,6664,1558,21579,4735,85541,85540],"class_list":["post-511251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoin","tag-bullish-run","tag-crypto","tag-cryptocurrency","tag-pattern","tag-price-action","tag-qnt","tag-quant"],"acf":[],"yoast_head":"\n<title>Quant Shows Potential For A Surge Beyond The $150 Marker<\/title>\n<meta name=\"description\" content=\"Quant (QNT) is outperforming some of the more popular altcoins out there, going up by 10% during the last seven days.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/quant-shows-potential-for-a-surge-beyond-the-150-marker\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Quant Shows Potential For A Surge Beyond The $150 Marker\" \/>\n<meta property=\"og:description\" content=\"Quant (QNT) is outperforming some of the more popular altcoins out there, going up by 10% during the last seven days.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/quant-shows-potential-for-a-surge-beyond-the-150-marker\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-06T06:28:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T06:31:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/QUANT-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"841\" \/>\n\t<meta property=\"og:image:height\" content=\"469\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Christian Encila\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christian Encila\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/quant-shows-potential-for-a-surge-beyond-the-150-marker\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/quant-shows-potential-for-a-surge-beyond-the-150-marker\/\"},\"author\":{\"name\":\"Christian Encila\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\"},\"headline\":\"Quant Shows Potential For Surge Beyond $150 &#8211; 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Quant Shows Potential For Surge Beyond $150 &#8211; Can QNT Hit Its Target?","url":"http:\/\/wncen.com\/news\/quant-shows-potential-for-a-surge-beyond-the-150-marker\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/quant-shows-potential-for-a-surge-beyond-the-150-marker\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/QUANT-1.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/QUANT-1.png?fit=841%2C469"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","bullish run","crypto","cryptocurrency","pattern","price action","qnt","quant"],"dateCreated":"2022-12-06T06:28:56Z","datePublished":"2022-12-06T06:28:56Z","dateModified":"2022-12-06T06:31:56Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Quant Shows Potential For Surge Beyond $150 &#8211; Can QNT Hit Its Target?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/quant-shows-potential-for-a-surge-beyond-the-150-marker\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/quant-shows-potential-for-a-surge-beyond-the-150-marker\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/QUANT-1.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/QUANT-1.png?fit=841%2C469\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"bullish run\",\"crypto\",\"cryptocurrency\",\"pattern\",\"price action\",\"qnt\",\"quant\"],\"dateCreated\":\"2022-12-06T06:28:56Z\",\"datePublished\":\"2022-12-06T06:28:56Z\",\"dateModified\":\"2022-12-06T06:31:56Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/QUANT-1.png?fit=841%2C469","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/511251"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=511251"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/511251\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/504276"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=511251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=511251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=511251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}