The price of the interoperability network crypto coin Quant (QNT) has increased by approximately 12%, reaching its highest level since August 24. This comes despite the decline in major cryptocurrencies like Bitcoin and Ethereum. On-chain data shows a rise in address activity, indicating higher accumulation and potential price rebounds. QNT's futures open interest has surged, indicating growing investor interest. The QNT price is currently $70.9, with a market cap of $850 million. The primary resistance level is $71.58, and breaking through this level could continue the bullish trajectory. The 50-day MA crossing above the 200-day MA suggests a strong bullish trend. The RSI and MACD indicators are important for understanding momentum, with overbought territory suggesting a short-term pullback and a bullish MACD line crossing above the signal line confirming bullish momentum. Overall, the Quant market trend remains positive with promising on-chain metrics and accumulation by major addresses.



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