QNT Technical Analysis - Correcting Market Keep The Bulls Trapped

Quant launched in June 2018 with the goal of connecting blockchains and networks on a global scale, without reducing the efficiency and interoperability of the network. It is the first project to solve the interoperability problem through the creation of the first blockchain operating system.

The live QNT token price today is $120 with an intraday trading volume of $71,670,917. The coin price is up by 10.84% in the last 24 hours. With a live market cap of $1.44 Billion, QNT remains in the Top 100 coins of the crypto-verse.

The QNT coin price shows a 10.64% spike with the latest daily candle, resulting in the bullish engulfing candlestick, which undermines last week's fall of 20%. However, the previous downfall of 30% due to the rejection near the $150 mark still maintains a downtrend influence. 

Let’s have a deepened insight into technical analysis of QNT token and see what the indicators have to say about it.