The move saw the token bounce towards its recent resistance level of $180.00. Uniswap, on the other hand, remained in the red, falling below a key support point in the process.Earlier in today’s session, QNT/USD rose to an intraday peak of $179.15, less than a day after falling to a low of $159.06.
The move saw the token rise from yesterday’s one-week low, which came just days after trading close to a one-year high.Looking at the chart, today’s rebound in quant saw the 14-day relative strength index also move away from a support point of its own.The next visible resistance seems to be at 65.00, and should price strength reach this point, we could see QNT trading above $200.00.On the other side of the spectrum, uniswap was one of Friday’s biggest losers, as prices fell by nearly 8%.
UNI/USD, which rose to a peak of $6.49 during yesterday’s session, slipped to a low of $5.85 earlier today. As a result of today’s sell-off, uniswap fell below a key support point of $5.95, hitting its lowest point since October 13 in the process.Friday’s decline in price has also pushed the RSI to a floor of 42.30, which is the weakest point for the index in the last ten days.This shows a level of bullish momentum still remains in the market, despite prices now falling for a second consecutive session.
I spend as much usdt as possible to buy $QNT
Still bullish for $QNT though!
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