Quant was one of the biggest gainers to start the weekend, as price remained close to a multi-week high. This comes as cryptocurrency markets were marginally higher, following Friday’s volatile session. Monero was also higher on Saturday, as the token extended its recent gains for a fifth consecutive day.Quant was trading near a multi-week high on Saturday, as prices rallied above a notable resistance point.
QNT/USD rose to an intraday high of $131.95 to start the weekend, less than a day after it fell to a bottom of $121.95. This surge in price pushed quant towards its highest point since Nov. 9, when price was trading at $150.60.Looking at the chart, today’s rally came as the token moved beyond a resistance at the $125.00 mark.
In addition to this, the 14-day relative strength index is tracking at its strongest point since October 26, with a reading of 54.85. Although this is below a resistance of 55.00, many expect QNT to move beyond this over the weekend, with price moving towards $140.00.
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