As the cryptocurrency market continues to show volatility, two tokens stand out for their impressive performances: Quant (QNT) and the emerging gambling ICO, Mpeppe (MPEPE). While Quant (QNT) is catching the attention of traders with its remarkable rally, many investors are turning to Mpeppe (MPEPE), anticipating exponential returns.
Quant’s Explosive Rally
In recent days, Quant (QNT) has stunned the crypto world with a bullish breakout, recording a price surge of over 15%. As of today, QNT stands at $71, with the potential to hit the $115 mark in the near future. This momentum has led to growing optimism among investors, who believe the token could reach even higher resistance levels.
Quant (QNT)’s price action has been underpinned by a strong technical setup. The token recently broke out of a falling wedge pattern, a signal that often precedes a major rally. According to Coinglass data, open interest in QNT futures has increased, signaling fresh inflows of capital as more traders look to profit from the upward trend. If the token successfully breaks through the resistance range between $70 and $81, Quant (QNT) could climb towards its next major targets of $99 to $115.
On-Chain Data Supports Quant’s Bullish Outlook
Beyond its price movement, on-chain data suggests that Quant (QNT) is poised for further gains. Key indicators, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), are showing positive signs. The RSI recently entered overbought territory, reflecting strong buying pressure, while the MACD has formed a bullish divergence, indicating that the upward trend may continue.
Quant (QNT)’s daily active addresses have also surged, reflecting increased user activity and adoption. This metric, along with a decreasing supply on exchanges, suggests that investors are holding onto their QNT tokens, further reducing selling pressure. All these factors point to a continued rally, with some analysts predicting that Quant (QNT) could eventually reach up to $115.
Mpeppe: The New ICO That’s Attracting Investor Attention
While Quant (QNT) is enjoying a surge in price, another token is quickly gaining popularity—Mpeppe (MPEPE). This new gambling-focused ICO has captured the interest of many, especially those looking for high-reward opportunities in a fast-evolving sector. With its innovative decentralized…
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