QNT up 10%, racing past key resistance point to start the weekend.
Quant moved higher for a second straight session on Saturday, as prices rose by as much as 10%. The move sees the token break out of a key resistance level, with many now expecting a move towards $200. Xrp was also higher, extending recent gains in the process.Quant was up for a second straight day, as prices rose by as much as 10% to start the weekend.
Less than 24 hours after hitting a peak of $179.15, the token surged to an intraday high of $193.75 earlier today. Today’s move sees QNT/USD break out of its recent resistance point of $185.00, with many now expecting prices to move back to $200.However, earlier gains have somewhat eased, and as of writing, the token is currently trading at $182.97
Looking at the chart, the 14-day relative strength index is now tracking at 60.88, after failing to move past a ceiling of 65.00. Should bulls eventually overcome this obstacle, it is likely that we will see the price move back above $200.00.