Quant was one of many greatest gainers to begin the weekend, as value remained near a multi-week excessive. This comes as cryptocurrency markets have been marginally larger, following Friday’s risky session. Monero was additionally larger on Saturday, because the token prolonged its latest features for a fifth consecutive day.
Quant (QNT)
Quant (QNT) was buying and selling close to a multi-week excessive on Saturday, as costs rallied above a notable resistance level.
QNT/USD rose to an intraday excessive of $131.95 to begin the weekend, lower than a day after it fell to a backside of $121.95.
This surge in value pushed quant in the direction of its highest level since Nov. 9, when value was buying and selling at $150.60.
Wanting on the chart, as we speak’s rally got here because the token moved past a resistance on the $125.00 mark.
Along with this, the 14-day relative power index (RSI) is monitoring at its strongest level since October 26, with a studying of 54.85.
Though that is beneath a resistance of 55.00, many anticipate QNT to maneuver past this over the weekend, with value shifting in the direction of $140.00.
Monero (XMR)
Monero (XMR) was one other notable gainer on Saturday, as costs edged nearer to a key ceiling.
Following a low of $143.30 in yesterday’s session, XMR/USD moved to a peak of $148.19 earlier as we speak.
This noticed monero hover near a resistance level of $150.00, as bulls try to recapture a latest three-and-a-half-week excessive.
As might be seen from the chart, XMR hit a three-week excessive on Thursday, when value traded at a high of $159.45.
Total, the token has now been within the inexperienced for 5 straight days, and is up practically 7% within the final week.
The RSI is at the moment monitoring at 61.92, which is beneath a key ceiling of 65.00, which appears to be the place bulls intend to land, and seize the $150.00 level within the course of.
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