Quant (QNT) is currently trading at $124.59 after losing 4.15% in the last 24 hours. Volume had also dropped significantly to $43.05 million from the loss of 36.73%. Despite the dip in the day, Quant has been very holdulative. Within the week, the token has gained 8.68%, suggesting temporary investor bullishness.
Traders seem conflicted. Short-term price actions show indecision, while longer-term holders remain bullish but wary. The drastic volume contraction suggests quieter trading, quite possibly the byproduct of general crypto market sluggishness or anticipation of bigger things ahead. Eyes are on the crucial $123 support line currently.
QNT Breaks Out of Ascending Triangle
Crypto analyst Jonathan Carter has just published a bullish structure development on the daily chart of QNT. Quant has broken out above the highest line of the ascending triangle, says his note. That is typically a good continuation signal. All the same, he warned the RSI shows overbought levels and a short-term correction will most likely take place.
Carter believes $123 could get retested, this time acting as support and not resistance. A reversal out of the area could give the go-ahead on the moves on the longer price targets: $143, $168, even $200. Strategists are cautioned to wait until confirmation before making the large entries. Momentum is building strength but the timing appears critical in the short term.
Quant Price Outlook for 2025
Crypto Analyst and websites have been setting optimistic expectations for Quant in the future. DigitalCoinPrice predicts there is a rosy 2025 ahead. Having dipped through $96.20 earlier in the year, Quant is again on the up. Their prediction is that it could go even higher above $273.74 and potentially reach or exceed the previous all-time peak at $428.38.
Changelly’s forecast reflects the bullishness but is more conservative in estimate. Their 2025 estimate is $145.81 – $171.63. The analysts in July 2025 peg the average close at roughly $152.17, the highest at $163.75. At even these prices the potential return on investment could be 25-31%. Either way, Quant is set for smooth sailing, if the crucial areas of support hold.
