Technical Analysis: Quant Climbs 20%, as Loopring Selloff Extends

technical analysis quant climbs 20 as loopring selloff extends 7GkpGJ

After earlier spells of consolidation, the tide turned on cryptocurrencies this afternoon, with markets finding themselves in a red wave. Quant managed to evade the wave, climbing by as much as 20% during the session.
Biggest gainers
Following yesterday’s strong gains, the global cryptocurrency marketplace was trading over 6% lower on Wednesday, however, there were some notable exceptions.
Quant was one of these exceptions and was easily one of the biggest movers in the crypto top 100 during today’s session.
QNT/USD hit an intraday high of $119.91 on Wednesday, after trading at a low of $97.60 the day prior.
Today’s rally sees QNT extend its gains for the third consecutive day, and now is on the brink of breaking into the 0.236 Fibonacci zone.
This run began after QNT/USD rose from its support of $89 on Monday, after falling to its lowest level in over 1-year towards the end of last month.

There is a visible RSI resistance currently in place, some still remain confident that

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We współpracy z: https://news.bitcoin.com/technical-analysis-quant-climbs-20-as-loopring-selloff-extends/

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