Quant was one of the biggest gainers to start the weekend as the price remained near a multi-week high. This comes as cryptocurrency markets were slightly higher, following Friday’s volatile session. Monero was also higher on Saturday, as the token extended its recent gains for a fifth straight day.
Quant (QNT) was trading near a multi-week high on Saturday as prices rallied above a notable resistance point.
QNT/USD hit an intraday high of $131.95 to start the weekend, less than a day after hitting a low of $121.95.
This price surge pushed as far as its highest level since November 9, when the price was trading at $150.60.
Looking at the chart, today’s rally came as the token broke above resistance at the $125.00 mark.
On top of that, the 14-day Relative Strength Index (RSI) is tracking its highest point since Oct. 26, with a reading of 54.85.
Although this is below a resistance of 55.00, many expect QNT to break above this level over the weekend, with price moving towards $140.00.
Monero (XMR) was another notable gainer on Saturday as prices approached a key high.
After a low of $143.30 in yesterday’s session, XMR/USD hit a high of $148.19 earlier today.
This has seen monero hover near a resistance point of $150.00, as bulls attempt to regain a recent three-and-a-half-week high.
As seen on the chart, XMR hit a three-week high on Thursday, when the price traded at a high of $159.45.
Overall, the token has now been in the green for five straight days and is up nearly 7% in the past week.
The RSI currently sits at 61.92, which is below a key high of 65.00, which appears to be where the bulls intend to land, and capture the $150.00 point. in the process.
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Do you expect monero to hit $150.00 in the next few days? Let us know your thoughts in the comments.
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