Quant dilemma: Will it 🔄 or won’t it?

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Oh, Quant (QNT)… Always keeping us on our toes, aren’t you?

Resistance is futile?

QNT’s been flirting with resistance levels and, let’s be real, it’s getting a little awkward. If this key support at $89 can’t hold, we might see the price drop like a rock. But hey, maybe QNT will pull a surprise and rebound, pushing towards $101.8. Who knows, right? 🤷‍♀️

In/Out of the Money: A profitability paradox

Here’s the deal: 61.65% of QNT holders are currently in the money, which sounds great. But, 33.59% are out of the money, and there’s significant resistance between $95.39 and $106.08. It’s like QNT’s playing a game of ‘now you see me, now you don’t’ with profitability. 🎩🐇

Address stats: Where have all the newbies gone?

New and active addresses are dropping like flies, with a 27.05% and 11.67% decrease respectively. Less interest = less potential for QNT to push higher. It’s not looking good, folks. 📉

NVT Ratio: Overvalued much?

The NVT ratio has hit an all-time high of 1123.47, which could mean the market’s overvalued. Translation: a correction might be just around the corner. Yikes! 🕵️‍♂️

The verdict: Buckle up, QNT fans!

QNT’s market outlook is like a suspenseful movie, and we’re all just waiting for the twist. With resistance levels, declining address activity, and a rising NVT ratio, it’s going to be an interesting ride. 🎢

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2025-02-07 00:09