QNT Maintains its Multi-Week High as XMR Strengthens for the Fifth Straight Session – Market Update Bitcoin News

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Quant was the most significant winner at the start of the weekend, as the price held above its multiweek peak. The crypto market experienced a slight rise following the tumultuous session on Friday. Monero also advanced on Saturday, extending its gains for the fifth consecutive day.

Quant (QNT)

Quant (QNT) remained close to its multi-week maximum on Saturday, as prices surged above a major resistance level.

QNT/USD reached $131.95 during the intraday session, only a day after slipping to $121.95.

The token has reached its highest point since November 9, when it was trading at 150.60.

QNT/USD – Daily Chart

The chart shows that the token moved beyond the $125.00 resistance level on Saturday. As a result, the 14-day RSI has reached its highest point since October 26.

Although the resistance level stands at 55.00, many analysts expect QNT’s price to surpass this level over the weekend. QNT could even make its way up to $140.00.

Monero (XMR)

Monero (XMR) was another significant gainer on Saturday, as prices approached a key peak.

XMR/USD dropped to a low of $143.30 during yesterday’s session, but then rose to a high of $148.19 today.

The token is getting closer to its $150.00 resistance level, as the bulls attempt to reclaim a three-and-a-half-week high.

Biggest moves: QNT remains near multi-week high, XMR rises for fifth straight session

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