Quant (QNT), the utility token powering the Quant Network The Overledger ecosystem is now available on Robinhood Crypto across the U.S., including New York.
Previously restricted in some states due to regulatory requirements, this listing allows retail investors to buy, sell, and hold QNT directly on the platform, enhancing access and exposure to this cross-chain interoperability token.
Source: Robinhood’s X Post
By adding QNT, Robinhood continues expanding its digital asset offerings beyond Bitcoin and Ethereum. Broader accessibility may increase liquidity and attract new holders preferring familiar brokerage interfaces.
QNT facilitates cross-chain solutions on Overledger, and this listing reflects both Robinhood’s growth strategy and the token’s rising relevance, while crypto investors should remain aware of market volatility and regulatory dynamics.
Also Read: Quant QNT Plunges 4.6%: Analysts Eye $82.50 Recovery Target
Following this major achievement, QNT has surpassed a critical horizontal resistance level, which has now started testing from the other side as a support level.
As noted by crypto analyst World Of Charts, if the level holds, the bullish momentum might gain more strength, suggesting a possible reversal of the trend. Traders are watching the testing of the level, as a good bounce might pave the way for a breakout above the level.
Source: World Of Charts’ X Post
A break past the descending trendline would be a major indicator of a change of sentiment, which would be a major catalyst for a strong rally.
World Of Charts has indicated that the coin could target the range of $100 to $110 if the buying pressure increases. The strength of the next move will be dependent on the support and the trendline.
According to TradingView, QNT is flashing a bullish reversal as it clears the 20-, 50-, and 100-day EMAs. Currently, it is trading at $76.35.
The token is facing its first point of resistance at the 200-day EMA, which is currently at $78.98. The strong move up from the February lows is a sign of strong buying pressure.
Source: TradingView
The technical indicators suggest that the pace is accelerating, with the RSI currently at 71.55. This overbought reading suggests that the rally has extended quite significantly and may need to consolidate or pull back a little to the $72.19 support. Watch for a close above the 200-day EMA, which will suggest a permanent shift in the long-term trend.
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) Bullish Pennant Shows Major Breakout Potential Above $360
