Quant crypto hits 4-month high – Why QNT bulls are eyeing $85

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Quant surged 13% in a single day, breaking out of a multi-month descending channel to reach a four-month high of $76. The token’s market capitalization climbed to $919 million. This rally was fueled by the European Central Bank and 27 EU central banks calling for the removal of MiCA regulation restrictions on stablecoins. On the technical side, the RSI remains above 70 while the DIOSC has been rising for seven consecutive days. The medium-term target stands at $85, provided QNT maintains a daily close above $70.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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