Quant (QNT) rally pauses at $123, Sell-off or surge ahead? – Crypto News – Crypto News
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Quant (QNT) rally pauses at $123, Sell-off or surge ahead? Quant (QNT) rally pauses at $123, Sell-off or surge ahead?

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Quant (QNT) rally pauses at $123, Sell-off or surge ahead? – Crypto News

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3 days ago

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  • QNT could continue its upside momentum if it breaches the $123 level; otherwise, the price may see a reversal.
  • An expert predicted that QNT could potentially reach $164, $700, and even $1,500 in the future.

Quant [QNT] has drawn significant attention from traders and investors with its strong performance over the past month.

However, the price has now reached a key resistance level on the daily chart, which is raising questions about whether the bullish momentum will continue or if history will repeat itself with a price decline.

At the time of writing, QNT was priced at $117.50 and has declined by 1% over the past 24 hours.

During the same period, its trading volume dropped by 20%, indicating reduced participation from traders and investors compared to the previous day.

This could potentially be due to ongoing market uncertainty and QNT’s historical behavior at the current price level.

Expert’s bold prediction for QNT

Despite a decline in trader and investor participation, one expert remains optimistic about QNT, as highlighted in a recent X (formerly Twitter) post.

On the 28th of May 2025, the expert described QNT as “unstoppable,” citing its strong performance and predicting significant future growth. 

According to the expert, QNT could first reach $164, followed by $700 and possibly $1,500 in the long run.

Quant’s price action and key levels 

According to AMBCrypto’s technical analysis, QNT appears bullish. However, with the recent uptick, its price has now reached the key resistance level of $123, a level with a strong history of price reversals.

Source: CoinGlass

QNT has faced multiple rejections at this level, which may have contributed to declining participation and the potential for a sell-off.

If upside momentum persists and QNT breaks above the key resistance at $123, the price could surge 32% to reach $165 in the future.

However, if bullish momentum weakens and QNT fails to break resistance, the price may drop 14%, potentially falling to $102, following historical patterns.

$3.05 million worth of QNT inflow, sell-off incoming?

However, QNT’s recent rally appears to be getting capitalized on by investors and long-term holders, who have been dumping their holdings to book profits, as revealed by the on-chain analytics platform CoinGlass.

QNT Spot Inflow/Outflow

Source: CoinGlass

Over the past 96 hours, exchanges have seen a $3.05 million inflow of QNT tokens, according to Spot Inflow/Outflow data.

This large inflow has occurred alongside a 28% price surge, suggesting that investors and long-term holders may be selling. If selling pressure continues, QNT could face a potential price decline.

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