Biggest Movers: QNT Remains Near Multi-Week High, XMR up for Fifth Straight Session

Biggest Movers: QNT Remains Near Multi-Week High, XMR up for Fifth Straight Session

Quant was one of the biggest gainers to start the weekend, as price remained close to a multi-week high. This comes as cryptocurrency markets were marginally higher, following Friday’s volatile session. Monero was also higher on Saturday, as the token extended its recent gains for a fifth consecutive day. Quant (QNT)

Quant (QNT) was trading near a multi-week high on Saturday, as prices rallied above a notable resistance point.

QNT/USD rose to an intraday high of $131.95 to start the weekend, less than a day after it fell to a bottom of $121.95.

This surge in price pushed quant towards its highest point since Nov. 9, when price was trading at $150.60. QNT/USD – Daily Chart

Looking at the chart, today’s rally came as the token moved beyond a resistance at the $125.00 mark.

In addition to this, the 14-day relative strength index (RSI) is tracking at its strongest point since October 26, with a reading of 54.85.

Although this is below a resistance of 55.00, many expect QNT to move beyond this over the weekend, with price moving towards $140.00. Monero (XMR)

Monero (XMR) was another notable gainer on Saturday, as prices edged closer to a key ceiling.

Following a low of $143.30 in yesterday’s session, XMR/USD moved to a peak of $148.19 earlier today.

This saw monero hover close to a resistance point of $150.00, as bulls attempt to recapture a recent three-and-a-half-week high. XMR/USD – Daily Chart

As can be seen from the chart, XMR hit a three-week high on Thursday, when price traded at a top of $159.45.

Overall, the token has now been in the green for five straight days, and is up nearly 7% in the last week.

The RSI is currently tracking at 61.92, which is below a key ceiling of 65.00, which seems to be where bulls intend to land, and capture the $150.00 point in the process.

Register your email here to get weekly price analysis updates sent to your inbox: Tags in this story Analysis, Monero, QNT, quant, xmr

Do you expect monero to hit $150.00 in the upcoming days? Let us know your thoughts in the comments. Eliman Dambell

Eliman brings an eclectic point of view to market analysis, he was previously a brokerage director and retail trading educator. Currently, he acts as a commentator across various asset classes, including Crypto, Stocks and FX. Bitcoin, Ethereum Technical Analysis: BTC Consolidates to Start the Weekend MARKET UPDATES | 11 hours ago Biggest Movers: DOT Hits 12-Day High, UNI up for Fourth Straight Day MARKET UPDATES | 1 day ago

Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleBitcoin, Ethereum Technical Analysis: BTC Consolidates to Start the Weekend Next articleReport: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItNFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales

Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.Fidelity Investments Launches Crypto, Metaverse ETFs — Says "We Continue to See Demand" SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design