Quant (QNT) Breakout Setup Targets $134 As Murex Deal

Blockonomics
Blockonomics


What to know:

  • QNT is trading at $74.64, with weekly gains of 3.08% despite mild daily weakness.
  • Price is pressing a descending channel resistance near MA100, a key breakout zone.
  • Murex–Quant partnership strengthens institutional tokenisation adoption.

Quant (QNT) is trading at $74.64, as market participants monitored a tightening price structure forming at the upper boundary of a long-standing descending channel. The token slipped 0.28% over the past 24 hours but maintained a 3.08% gain over the past week, signaling stabilizing momentum after recent volatility.

Trading volume rose 19.25% to $11.43 million, reflecting increased participation as QNT approached a technically significant resistance zone. The move places the asset at a key decision point where buyers and sellers are contesting directional control.

Quant Price ChartQuant Price Chart
Source: CoinMarketCap

Descending Channel Formation Explained

According to crypto analyst Whales_Crypto_Trading, QNT is currently challenging the upper boundary of a well-established descending channel on the daily chart. This structure has consistently produced lower highs and lower lows, reflecting sustained bearish control over recent months.

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The current test is particularly significant as the upper channel resistance aligns with the 100-period moving average (MA100), a level that has previously triggered multiple rejections. A decisive breakout above this confluence zone, especially on strong volume, would signal weakening bearish momentum and a potential structural shift.

On the downside, the $73–$77 range continues to act as a strong demand zone where price has repeatedly stabilized. This suggests accumulation activity, with buyers defending key levels during pullbacks.

If bulls manage to break above resistance, upside targets emerge at $100–$105, followed by $115–$120, with a broader extension toward $130–$134. However, failure to reclaim resistance would likely preserve the bearish channel structure, exposing downside retests of $85 and potentially the $75 support base.

Quant Technical AnalysisQuant Technical Analysis
Source: X

Also Read | Quant (QNT) Eyes $100 Breakout as Reversal Signals Build

Murex and Quant Expand Strategic Partnership

Beyond price action, Quant has also strengthened its fundamental outlook through a strategic partnership with Murex, integrating its programmable money infrastructure into the MX.3 capital markets platform. The collaboration enables financial institutions to manage tokenised assets, including digital bonds and tokenised deposits, within existing trading, risk, and post-trade systems.

The integration comes as tokenised real-world assets surpass the $100 billion milestone, marking a shift from experimental adoption to institutional deployment. Major players including DTCC, BlackRock, Franklin Templeton, and JPMorgan have already expanded tokenisation initiatives, while infrastructure efforts in Europe and the UK continue to accelerate.

Murex executives noted that the solution allows clients to adopt digital asset capabilities without rebuilding core infrastructure. Quant CEO Gilbert Verdian emphasized that the goal is to make existing financial systems “programmable” rather than replaced, highlighting interoperability as a key driver of future capital markets.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | Quant (QNT) Price at Decision Level: Will $75 Trigger Rally to $94



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