Quant (QNT) Surges 12% as Trading Volume Triples — Can Bulls Maintain This Support Level?

Quant (QNT) has seen a significant price increase of 12.33% in just 36 hours, with daily trading volumes tripling since January 16. This surge coincided with Bitcoin stabilizing around a key support level of $94.5k. As Bitcoin approaches the $100k mark, altcoins like QNT are positioned for potential growth.

Key Takeaways

QNT has risen by 12.33% recently, with a dramatic increase in trading volume.
Bitcoin's support at $94.5k offers a favorable environment for altcoins.
The long-term outlook for QNT appears optimistic, marked by a bullish trend and strong support levels.
Caution is advised for long-term holders due to potential market volatility influenced by Bitcoin's performance.
Traders should monitor key price levels for potential trading opportunities.

Quant Breaks Higher as Bulls Defend Long-Term Support Zone

The Long-Term Outlook for QNT

QNT 1-week Chart
Source: QNT/USDT on TradingView

Analyzing the weekly chart, it is evident that Quant (QNT) exhibits a bullish structure. The cryptocurrency surged in November 2024, breaking its previous high of $149.6. In early 2025, QNT established a higher low at $58.60. Recently, it retraced to the 78.6% Fibonacci level at $75, a support zone that has held strong since November.

The last week also marked an 8.03% rise in QNT's price, potentially signaling the end of its retracement phase. Nonetheless, while there is an opportunity for investors, taking a new position involves certain risks, especially given Bitcoin's bearish structure. The $101k and $108k zones could act as resistance for Bitcoin and impact other altcoins.

Assessing Risks for Long-Term Investors

Long-term investors in QNT are advised to be cautious, as Bitcoin's price movements and overall market sentiment, currently leaning towards neutral or fearful, could trigger a deeper price pullback. Thus, the current timing might not be the most advantageous for significant new investments.

Strategic Insights for Traders

QNT 4-hour Chart
Source: QNT/USDT on TradingView

From a trading perspective, the 4-hour chart indicates a bullish structure, suggesting that traders might consider going long. With capital likely to rotate into altcoins in the weeks ahead, there might be profitable opportunities for Quant holders. A close below $72.5 within a 4-hour session could negate this bullish outlook. Traders should also keep an eye on the significant supply zones at $90 and $110 for potential profit-taking points. Notably, QNT Exchange Netflow was negative over the past three days, hinting at accumulation trends.

Conclusion

Disclaimer: The information provided in this article is intended solely for educational purposes and should not be construed as financial, investment, or trading advice.