Quant price prediction: Will bulls hold $76 after QNT gaps up on positive news?

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Quant jumps 7.28% today to $76.74

Highlights

Quant Network's integration with Murex brings tokenised deposits and digital bond settlement to the MX.3 platform for banks.
This partnership accelerates Quant Network’s adoption in capital markets and extends its ecosystem reach among financial institutions.
Price action is bullish short-term with strong momentum and high volatility, but is expected to trade sideways in the $73.00–$80.00 range with downside risk if support at $70.93 fails.

Ecosystem expansion accelerates as banks adopt digital settlement

Quant Network has announced a partnership with Murex to integrate tokenised deposits and digital bond settlement functionalities into the MX.3 platform, providing banks with a production-ready solution for digital asset operations. This collaboration supports Quant Network's technological adoption within the capital markets. The recent integration strengthens the company's ecosystem expansion.

Intraday bullish signals persist amid overbought and volatile setup

Momentum indicators on the daily chart are strongly positive for QNT, with MACD showing a Buy signal while ADX remains neutral at 18.50, suggesting a present but modest trend. The RSI (62.9), Stoch RSI (61.8), and CCI (97.2) all signal bullish conditions, though both Stoch RSI and Bull/Bear Power classify the market as overbought, underlining strong buyer activity intraday. The Awesome Oscillator is neutral and does not confirm the trend, but recent price action is robust, with QNT opening with a clear gap, trading near session highs within a wide range of $74.56 – $78.42, and demonstrating elevated volatility. The Ichimoku Kijun sits at $70.93, currently acting as immediate support.

Limited upside as sideways trade dominates near resistance levels

For the next five sessions, QNT is likely to oscillate within a $73.00 – $80.00 volatility band relative to current levels. Upside momentum has a low probability of continuation, with less than a 20% chance of further gains as only one out of four weekly signals provide a Buy indication (ADX is Neutral; weekly MACD, RSI, and MA-50 all indicate Sell). The base case is for sideways movement above $73.00, while a sustained break below the Kijun at $70.93 could expose prices to a pullback toward $68.00 – $69.00. A bullish scenario would require a break above $80.00, but strong resistance is likely to challenge further advances.

Anton Kharitonov, expert at Traders Union, believes Quant’s short-term outlook is defined by strong bullish momentum, but the medium- to long-term trend remains unconfirmed. He notes positive sentiment following Quant Network’s partnership with Murex, yet technical signals warn of limited upside and significant resistance near $80.00. The analyst sees risks of a reversal if QNT fails to hold above $70.93, maintaining a defensive stance. "The base case is sideways action, and unless bulls reclaim $80.00, I view every bounce as an opportunity to reduce exposure."

Earlier, analysts noted that Quant was exhibiting short- and medium-term bullish momentum while longer-term bearish pressure persisted, with momentum signals highlighting the risk of a reversal. The current market update adds a new dimension as the recent partnership with Murex and continued strong buyer activity suggest Quant's expanding use-case could underpin price stability, making the area above $73.00 pivotal for maintaining bullish sentiment in the sessions ahead.

Source of Data: QNT Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.