Quant (QNT), the utility token for the Overledger ecosystem, is now available for trading on Robinhood Crypto across the United States, including New York. Following the listing, QNT has broken above critical technical resistance levels. Analysts suggest a sustained move could target a potential rally toward the $100 to $110 range, while current technical indicators show strong buying momentum as the token trades above key moving averages.
The utility token Quant (QNT) is now available on Robinhood Crypto across the U.S., including New York. This listing allows retail investors direct access to the cross-chain interoperability token through the familiar brokerage platform.
Following this development, QNT has surpassed a critical horizontal resistance level. Crypto analyst World Of Charts noted that “if the level holds, the bullish momentum might gain more strength, suggesting a possible reversal of the trend.” A break past a descending trendline is seen as a major indicator for a sentiment shift.
The analyst indicated the coin could target $100 to $110 if buying pressure increases. The token is currently trading at $76.35, according to TradingView data, and is facing resistance at the 200-day Exponential Moving Average of $78.98. Technical indicators show a bullish reversal as QNT clears several key EMAs, though its Relative Strength Index reading of 71.55 suggests the rally may be extended.
