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Technical Analysis: QNT, LUNA Lead Monday's Crypto Rebound – Market Updates Bitcoin News

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Following a bearish start to the week, the crypto market rallied throughout the afternoon, with QNT and LUNA leading the gainers.

Following a bearish start to the week, the crypto market rallied throughout the afternoon, with quant and terra leading the gainers. Earlier losses in bitcoin and ethereum were also lessened, as the overall market was up 1.35% as of writing.Cryptocurrency markets have been under considerable pressure from bears in the last week, however, this somewhat eased as some bulls returned on Monday.Despite this, it was quant that was today’s biggest gainer , climbing by as much as 13% on the day.

However, as QNT/USD moved closer to this resistance level of $138.30, some traders seemed to have liquidated their positions.Biggest losers Whilst most of the list remained red, losses were somewhat muted, with the biggest to fall being avalanche .

 

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