Quant (QNT) Surges 12% as Trading Volume Triples: Should You Invest?
Over the past 36 hours, Quant (QNT) has witnessed a remarkable 12.33% surge in its value, accompanied by a significant tripling of daily trading volume. This spike has intrigued cryptocurrency enthusiasts and investors alike as the market continues to navigate Bitcoin’s (BTC) moves and a shifting altcoin landscape.
Altcoin Momentum and Bitcoin’s Role
At the center of this activity lies Bitcoin, which has recently defended its $94.5k support zone—previously a resistance level in December. With Bitcoin eyeing a potential path toward $100k, this provides other altcoins, including Quant, the opportunity to gain traction in the market.
According to weekly charts, Quant exhibits a bullish long-term structure. It successfully broke prior long-term resistance levels at $149.6 back in November 2024 and subsequently established a higher low of $58.60 in 2025. Currently, QNT hovers at the 78.6% Fibonacci retracement level near $75, a zone that bulls have been defending robustly.
Technical Analysis: What Does the Chart Say?
Recent data reveals an 8.03% increase in QNT’s value over the past week, suggesting an early indication of a potential market reversal. However, the timing of a long-term investment still carries risks. As Bitcoin faces resistance levels at $101k and $108k, broader market sentiment remains mixed, ranging from neutral to fearful. This means that investors must tread carefully while evaluating entry points.
On a shorter time frame, the 4-hour chart for Quant displays a bullish structure, which might encourage traders to consider opening long positions. It’s essential to note that a close below $72.5 could invalidate the bullish thesis and lead to further decline. On the upside, $90 and $110 remain critical resistance levels where traders could aim to take profits.
Metrics Indicate Accumulation
Further analysis shows a negative QNT Exchange Netflow over the past three days, suggesting ongoing accumulation by investors. This metric bolsters the argument that capital rotation into altcoins could gain momentum in the coming weeks, giving QNT holders a chance to lock in profits during market rallies.
Is It the Right Time to Buy Quant (QNT)?
While QNT’s recent performance is promising, investors should remain vigilant. Bitcoin’s behavior and broader market trends heavily influence altcoin trajectories. Long-term holders should be cautious about price volatility and execute due diligence before committing to positions.
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Disclaimer: This article is intended for informational purposes only and should not be construed as financial or investment advice. Always conduct thorough research before making any trading or investment decisions.