Quant (QNT) Bulls Regain Control as Price Closes Above $100

Key Takeaways

• Quant (QNT) follows a long-term ascending support trend line.
• The price reclaimed and closed above the $90 support area.
• Can QNT maintain its increase and reach a new cycle high?

Quant (QNT) has climbed to the top of the market over the past day, posting double-digit gains as bullish momentum returns.

The rally comes alongside positive news for the project—founder and CEO Gilbert Verdian will be a keynote speaker at EBAday 2025, a major event for the European banking industry.

With QNT now closing above a key resistance level, the stage may be set for a continued move toward the upper end of its recent trading range.

Here’s a look at the latest price action and what could come next.

QNT Price Bounces

The weekly time frame chart shows that QNT has increased alongside an ascending support trend line since June 2022.

More recently, the trend line has been validated thrice (green icons) since July 2024.

After the final bounce in April 2025, QNT rallied and closed above the $90 resistance area.

The $90 resistance area is critical since it has acted as both support and resistance for over two years.

After the breakout, the Quant price validated it as support (black icon).

If the upward movement continues, the QNT price can reach a high of $160. The resistance has stood since the cycle high of $227 in October 2022.

Alongside the QNT price breakout, technical indicators have also turned bullish. This is especially clear from the Moving Average Convergence/Divergence (MACD), which has made a bullish cross and is positive.

The Relative Strength Index (RSI) also crossed above 50 and trends upward.

The weekly chart for QNT looks bullish, pointing to a potential move toward the range high near $160.

Let’s look at a lower time frame and see if there will be any dips along the way.

QNT Closes Above $100

The daily time frame chart shows that QNT accelerated its increase after breaking out from a descending wedge pattern.

Today, QNT closed above the $101 resistance, a horizontal and Fibonacci level. The next critical resistance is at the 0.618 Fibonacci level at $128.

Despite the price breakout, technical indicators show weakness. The RSI and MACD have generated bearish divergences (orange) associated with market cycle tops.

So, unlike the weekly time frame, the daily chart gives mixed readings.

Finally, the wave count gives a bearish QNT price prediction. According to the count, QNT has completed a five-wave upward movement since April, meaning it is due for a correction.

Since wave three extended, wave five could be short and have the same length as wave one, which is the existing ratio.

As a result, a short-term correction could occur before Quant resumes its upward movement.

If one occurs, the 0.382 Fibonacci retracement support level at $90 could provide support.

Retracement Before Rally

The long-term QNT analysis is bullish, suggesting the price is in a bullish trend.

However, the short-term outlook shows weakness. Technical indicators have generated bearish divergence, while the wave count shows a completed rally.

Therefore, the QNT price may correct toward $90 before resuming its ascent.