Quant weekly outlook: Can tokenized deposit trials by major banks drive renewed upside?

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Quant falls 6.13% this week

Highlights

Quant is trading at $237.71 after falling 6.13% in the past 7 days, maintaining a long-term bullish structure above key trend levels.
Technical indicators show buy momentum remains firm, but the asset approaches overbought conditions and short-term exhaustion.
Quant is projected to trade between $211.51177 and $263.908229 over the next week, with $220.63 as critical support and $270.14 as resistance.

Bank trials and central bank pilots drive speculation on Quant’s adoption

Quant (QNT) garnered increased attention as major banks including HSBC UK, Barclays, and Lloyds began tokenized deposit trials using its infrastructure, according to Yahoo Finance and CCN, highlighting Quant's growing footprint in automated interbank payments. The Clearing House in the US has also selected Quant to supply payment technology, sparking further activity since late September. Additionally, CCN noted that the European Central Bank expanded its digital euro test to include Quant’s technology for conditional payments, signaling ongoing institutional engagement.

Momentum signals diverge as bullish pressure meets key resistance this week

On the daily chart, the technical setup remains directional, marked by a sustained move lower with a firm trend as shown by the 22.44% volatility over the past week. Despite the drop, MACD shows strong buy momentum at 46.459343, but the RSI reading of 62.909494 is approaching overbought conditions, revealing some tension between trend strength and exhaustion. Price sits securely above the Ichimoku Kijun at $215.875, making $220.63 the key support level and $270.14 the next resistance. This setup suggests bullish momentum is intact, but nearby resistance may slow gains.

Upside bias prevails barring a break below pivotal support

Over the next 7 days, Quant is expected to trade between $211.51177 and $263.908229. The probability of an increase stands at 75%, with a 25% chance of a decline. The base case is a continued advance within the projected range, provided $220.63 support holds. A break above $270.14 opens up room for accelerated gains, while a dip below $220.63 would expose further downside.

Jainam Mehta, market strategist, sees Quant (QNT) at a pivotal juncture this week after a sharp pullback of over 6% and continued focus from institutional integration. He notes that tokenized deposit trials by HSBC UK, Barclays, Lloyds, and the involvement of Quant in the US and European payments landscape have kept institutional demand robust. On the daily chart, bullish momentum remains, but RSI near overbought and resistance at $270.14 could slow gains — while $220.63 support is key for tactical positioning. "As long as $220.63 holds, I expect bullish traction to continue, but would only chase upside on a decisive break above $270.14."

Earlier, analysts noted that Quant’s strengthening role in institutional settlement networks was supporting a bullish trajectory for the asset. The current technical setup adds a potential inflection point, with a sustained move above $270.14 serving as the next level to watch for further upside.

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

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