<strong><em>QNT price experiences a boom in buying pressure resulting in a 50% over the last ten days. Will this buying spree drive prices above $100?</em></strong>

<strong>Key technical points: </strong>
<ul>
 	<li>QNT prices have jumped by 18.26% in the last 24 hours.</li>
 	<li>The market price surpasses the $74 resistance level.</li>
 	<li>The 24-hour trading volume of Quant is $64 Million, indicating a rise of 103%.</li>
</ul>
<h2>Past Performance of QNT</h2>
The Bullish reversal in the <a href="https://www.cryptoknowmics.com/news/qnt-technical-analysis-another-50-day-sma-breakout-attempt/">QNT</a> prices from the $40 mark showcases a boom in buying pressure after retesting $50. After taking the support at the ascending trend line, market prices skyrocketed and surpassed the $70 mark. The buying spree accounts for a 70% jump in the market value over the past month with an increase in the trading volume.

<img src="https://s3.tradingview.com/snapshots/y/yycgQVda.png" alt="TradingView Chart" />

<strong>Source- </strong><a href="https://www.tradingview.com/x/yycgQVda/" target="_blank" rel="noopener">Tradingview</a>
<h2><span style="font-weight: normal">QNT Technical Analysis </span></h2>
The <a href="https://coincodex.com/crypto/quant-network/">QNT price</a> chart shows the breakout of the resistance level at $74, which increases the likelihood of a price jump to the psychological mark of $100. Hence traders can find low-risk entry points at the current market price. The MACD indicator shows a bullish Trend in the fast and slow lines as they cross above the zero line and enter the positive territory. Moreover, the rising trend in the MACD histograms reflects a remarkable increase in the bearing pressure.

The RSI indicator shows a remarkable increase in the underlying bullishness as the slope prepares to cross above the overbought boundary. Hence, the indicator projects a high likelihood of a prolonged uptrend. In a nutshell, the QNT technical analysis highlights a high probability of a bull run crossing above the psychological mark of $100.
<h2><span style="font-weight: normal">Upcoming Trend </span></h2>
If the QNT prices sustain above $75, the buying pressure will drive the market value higher above $100. On the contrary, if the prices succumb under $74, a downfall will test the support trendline close to $60.

<strong>Resistance Levels:</strong>  $80 and $100

<strong>Support Levels:</strong>$60 and $50

QNT Technical Analysis: Buying Spree Soon To Cross $100

QNT Technical Analysis shows price experiencing a boom in buying pressure resulting in a 50% over the last 10 days. Will this drive prices above $100?

Vikram is a technical analyst with several years of experience in the crypto market &amp; Indian Equity and F&amp;O Segment. He loves to learn anything and everything related to finance. He possesses strong technical and analytical skills, which he leverages to acquaint our audience with upcoming price trends for different coins.

QNT Technical Analysis: Buying Spree Soon To Cross $100

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