Quant (QNT) Up 17.5% Monday: What’s Next?

Quant (QNT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the crypto has increased 17.5% to $217.11.

Moderately Volatile

InvestorsObserver gives Quant a moderate volatility rank of 48, placing it in the bottom 48% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won’t make or break its rank.

QNT’s moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Quant price is trading above resistance. With support around $178.57 and resistance around $192.57. This positions Quant out of range and potentially in a volatile position if the rally burns out.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

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