Quant (QNT) Dips To Test Key Support — Could This Pattern Trigger an Rebound?

CoinsProbe
QNT-2,64%
ETH-1,9%


Date: Sun, Dec 21 2025 | 08:56 AM GMT

The broader cryptocurrency market has remained under pressure over the past several weeks, following the sharp sell-off that began on October 10. That corrective phase dragged Ethereum (ETH) down by nearly 23% over the last 60 days and weighed heavily on overall market sentiment. While many altcoins have struggled to stabilize, Quant (QNT) has shown relative resilience, posting only a modest decline and holding above a historically important support zone.

From a technical perspective, the daily chart suggests that QNT may be approaching a critical decision point, with price action forming a recognizable structure that could influence its next directional move.

Source: Coinmarketcap

Head and Shoulders Pattern Takes Shape

On the daily timeframe, QNT appears to be carving out a head and shoulders formation, a well-known pattern that often signals a potential trend shift once the neckline is tested. Earlier in the structure, QNT formed the left shoulder before rallying sharply to its head near the $100 region. From there, price reversed lower and slid back toward the neckline, located around the $70 support zone.

This $70 area has proven to be a strong demand zone in the past, repeatedly attracting buyers and preventing deeper declines. The recent move into this region was met with a noticeable reaction, as reflected by the long lower wick on the chart. That rejection from support pushed price back toward the $78 level, suggesting that buyers are actively defending the neckline and potentially forming the right shoulder of the pattern.

Quant (QNT) Daily Chart/Coinsprobe (Source: Tradingview)

The behavior around this zone is critical. A successful defense of the neckline often opens the door for a relief rally, especially if broader market conditions stabilize.

What’s Next for QNT?

For bullish momentum to build, QNT needs to reclaim the 50-day moving average, currently sitting near $83.73. This level now acts as a key short-term resistance, and a daily close above it would signal a shift in momentum back in favor of buyers.

If that recovery unfolds, the chart points toward a potential move into the $95.90 region. Such a move would represent a rebound of roughly 22% from current levels and align with the typical reaction seen during the right-shoulder phase of this pattern. A rally of this nature would not only ease recent selling pressure but also place QNT back into a more neutral technical posture.

That said, the setup remains delicate. If the $70 neckline support fails to hold on a sustained basis, the head and shoulders structure would remain bearish, opening the door to further downside and extending the corrective phase. For now, all eyes remain on how price behaves around this key support and whether buyers can regain control above the moving average.

Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.


Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP tests $1.33 as rising leverage and weak price action create unstable setup

XRP remains near $1.33, experiencing a fragile market with rising leverage and failed upward momentum. Traders should watch for breaks below $1.33 or reclaiming $1.35-$1.36 to assess future direction.

CoinDesk29m ago

Bittensor ecosystem reaches $1.5 billion as TAO surges thanks to the Jensen Huang effect.

Bittensor's TAO has seen a significant increase this month, driving the value of its subnet tokens up. With a total market cap of about $1.47 billion, it operates as a decentralized AI network. Notable endorsements from Nvidia's CEO have heightened interest, raising questions about the sustainability of this growth.

TapChiBitcoin32m ago

VRA Soars Past $0.000044 — 24.57% Surge Catches Traders Off Guard

VRA's price surged 24.57% in five minutes to $0.000044, driven by whale activity and increased market sentiment. With a trading volume of over $33.7 billion, traders are monitoring key resistance and support levels for future movements.

Coinfomania1h ago

Solana challenges Ethereum: Can the SOL/ETH pair reclaim the 0.05 mark in Q2?

The long-term growth of a blockchain network is always tied to the size of the developer ecosystem. As more and more developers join in building, the pace of infrastructure upgrades accelerates, which in turn attracts more users to layer 1 (L1), increases on-chain activity, and boosts the network’s overall value.

TapChiBitcoin1h ago

Bitcoin may record its second consecutive six-month decline in history, following its first consecutive six-month drop, after which it surged by 208%.

BlockBeats news, on March 29, according to Coinglass data, Bitcoin's return rate for March this year is currently reported at -0.76%, which may mark the sixth consecutive month of decline. Historically, Bitcoin has only experienced a similar situation once: from August 2018 to January 2019, it fell approximately 54.8% over six months. Subsequently, Bitcoin saw a continuous rise for five months (from February 2019 to June 2019), with a total increase of up to 208%.

BlockBeatNews1h ago

Altcoin XRP Makes Bullish Breakout Against Bitcoin, Projecting a Possible Massive Surge Ahead

Altcoin XRP makes bullish breakout against Bitcoin (BTC). The asset is projected towards hitting bullish new ATH prices. The price of XRP could surge over 600% to hit ATH targets over $10. The crypto market prepares to see Bitcoin (BTC) make its sixth consecutive red close, a pattern

CryptoNewsLand1h ago
Comment
0/400
No comments