Stock price for Quant halts at $123: Be alert, QNT traders, to this impending caution!
Quant Network's Token, QNT, Ascends Past Key Resistance, Sparking Bullish Predictions
The digital currency QNT, issued by Quant Network, has seen a significant surge in interest among traders and investors following a strong performance over the past month. However, the token has recently encountered a significant resistance level, at $123 on the daily chart, causing uncertainty surrounding the continuation of the bullish momentum.
Currently trading at $117.50, QNT has dipped by 1% over the past 24 hours, and its trading volume has decreased by 20% in the same period, indicating a possible withdrawal of participation from traders and investors. This potential pullback may be due to ongoing market uncertainties and QNT's historical behavior at the current price level.
Despite the current decline in participation, an expert remains optimistic about QNT's potential future growth. In a recent post on social media, the expert expressed optimism about the token, stating that QNT could potentially reach remarkable price targets in the coming years, such as $164, $700, and even $1,500.
Technical analysis from our website indicates that QNT appears bullish overall. However, with the recent uptick, QNT has reached the key resistance level of $123, a level associated with price reversals in the past. The token has faced multiple rejections at this level, and even if it manages to break through, it could surge up to 32% to reach a future price of $165. Conversely, if the bullish momentum weakens and QNT fails to overcome resistance, the price may drop 14%, potentially falling to $102.
Additionally, on-chain analytics platform CoinGlass suggests that recent rallies are being capitalized on by investors and long-term holders, who are selling their holdings to secure profits. Over the past 96 hours, exchanges have seen a $3.05 million inflow of QNT tokens, a significant influx alongside the 28% price surge, signaling a possible upcoming sell-off.
Investors should keep a close watch on QNT as the token navigates this critical resistance level, as market sentiment remains largely bullish with increasing institutional interest and utility of Quant’s interoperability protocol. However, some analysts remind us to be cautious, as the broader crypto market may experience a corrective phase. Following these developments, a balanced and informed approach in monitory is advised.
Regarding the provided Enrichment Data, it highlights near-future expectations for QNT, with CoinCodex predicting a slight pullback or stabilization around $96.03 by June 21, 2025, despite positive technical indicators since late May 2025[2]. Another source expects QNT to reach approximately $130.94 by June 6, 2025, representing an 18.85% price increase from current levels, pointing towards a short-term rally that could exceed the breached resistance[3].
Meanwhile, DigitalCoinPrice expects QNT to fluctuate between roughly $198.14 and $211.76 within 2025, indicating potential strong gains after overcoming the key resistance[2]. CoinCodex projects a trading price channel between about $88.09 and $232.14 for the year 2025, offering room for significant upside movement[2]. AMBCrypto's long-term outlook places the highest expected QNT price for 2025 around $128.51, with an average price near $107.09, while the lowest scenario is about $85.67. This supports the idea that breaching the $123 resistance could position the token towards the upper range for the year[5].
- Investors and traders have shown increased interest in QNT, the digital currency issued by Quant Network, following a strong performance over the past month, despite a recent dip caused by a significant resistance level at $123.
- A recent technical analysis reveals that QNT has reached its key resistance level of $123, a level associated with price reversals in the past, causing uncertainty among traders and investors about the continuation of the bullish momentum.
- In contrast to the bearish sentiment, an expert remains optimistic about the potential future growth of QNT, predicting potential price targets such as $164, $700, and even $1,500 in the coming years.
- On-chain analytics platform CoinGlass suggests that recent rallies are being capitalized on by investors and long-term holders, who are selling their holdings to secure profits, potentially signaling an upcoming sell-off.
- The performance of QNT is closely monitored by investors as it navigates this critical resistance level, with increasing institutional interest and the potential for strong gains if the resistance is overcome. However, market sentiment remains cautious, with the possibility of a corrective phase in the broader crypto market.
