Quant price retests key level: Can QNT breach $100 next?
- Quant (QNT) price hovers near $88 after bouncing off $79.
- The altcoin could eye the psychological $100 mark, helped by multiple likely tailwinds.
- QNT has retested and broken above the 50-day exponential moving average.
Quant (QNT) changes hands near $88 after bouncing off lows of $79 and touching highs of $93, with QNT likely to target the psychological $100 mark.
With the latest market recovery lifting sentiment, the token’s retest of the key exponential moving average (EMA) could be critical for bulls.
Notably, the current price levels have previously hindered bulls’ attempts to break higher.
Quant price rebounds: Is $100 next?
Quant token’s price hovered near $88 after a rebound off lows of $79 allowed bulls to test bearish resolve above $93 on Thursday.
This swift recovery marks a more than 28% surge from November 4th’s nadir, when QNT fell to under $68. Gains point to the bulls’ resilience despite the broader market turbulence.
On Thursday, Quant rose as Bitcoin’s range-trading below $103,000 despite the end of the US government shutdown upending bullish moves across altcoins.
Nonetheless, analysts say crypto could be poised for a major bounce. In previous cycles when the US government has gone into shutdown, BTC has skyrocketed on reopening.
Crypto analyst Alex Wacy shared the outlook below.
The last two times the U.S. Gov shutdown ended,
Bitcoin ripped 700% and 300%.
Shutdown just ended today 👀 pic.twitter.com/Di2HiyQ3KP
— AlΞx Wacy 🌐 (@wacy_time1) November 13, 2025
QNT’s uptick thus aligns with not just renewed optimism in altcoins but projects focused on enterprise solutions.
In such a case, the rebound has seen so-called dino blockchains gain, including Lisk and Nano, record gains in recent weeks.
What’s the technical outlook for Quant token?
Long-term holders have injected fresh liquidity amid the broader uptick, and ecosystem strength helps bulls.
If the momentum sustains, decisively taking out bears above $93 will offer impetus for a surge to $100.
On the technical front, the short-term recovery has the Moving Average Convergence Divergence (MACD) hinting at a potential bullish crossover.
On the daily chart, the MACD histogram has flipped positive.
Also notable is the daily Relative Strength Index (RSI), currently near 57 and upsloping.
QNT is also currently above the 50-day EMA, with the moving average level having acted as robust resistance since Nov. 5.
If bulls flip this into a dynamic support zone, holding firm above it will allow for a continuation.
North of this hurdle lie $107 and $130 as two immediate supply wall zones.
That means QNT’s confluence of rebound momentum, institutional tailwinds, and technical strength positions it for a potential run above the $100 mark.
Unless macro headwinds prevail, the next key levels to target will be December 2024 highs of $165 and local resistance around $200 seen in 2021.
The post Quant price retests key level: Can QNT breach $100 next? appeared first on CoinJournal.
