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

CoinsProbe
QNT2,18%
ETH0,63%


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 Rises 4% as Ripple Partnership and ETF Inflows Drive Recovery

XRP rose 4% to $1.41, boosted by Ripple's partnership with Kyobo Life and increasing institutional interest. Broader market gains and positive community engagement also contributed, though XRP remains 63% below its peak. Key support is at $1.38.

GateNews5h ago

ETH/BTC ratio rebounds—are institutional funds rotating? A deep dive into structural signals in the crypto market

BTC breaks through $75,000; the Iran–Israel ceasefire and fresh highs in U.S. stocks lift risk assets, but the options market remains somewhat cautious. The ETH/BTC ratio rebounds, signaling capital rotation.

GateInstantTrends6h ago

Crypto Market Rebounds 1.5% to $2.54T as Bitcoin Leads Rally Amid Tech Surge and Policy Progress

The crypto market rebounded 1.5% to $2.54 trillion, led by Bitcoin's 7% gain amid easing geopolitical tensions and strong ETF inflows. Analysts predict further gains if Bitcoin surpasses $76K resistance.

GateNews6h ago

Bitcoin bull market index rises to 40 points; Bloomberg: the U.S. and Iran are considering extending the ceasefire agreement by two weeks

Bitcoin’s price as of April 16 is approaching $74,700. The Bullish Sentiment Index (BSI) has risen to 40 points, indicating a rebound in market sentiment. The United States and Iran are evaluating options to extend the current ceasefire agreement, and they are also discussing navigation issues in the Strait of Hormuz, as diplomatic negotiations continue.

MarketWhisper12h ago

Bitcoin holds steady at 74K, and FOMO sentiment is heating up as U.S. stocks hit a record high

Benefiting from positive news about the U.S.-Iran peace agreement, the stock market surged sharply, with the Nasdaq index and the S&P 500 index reaching record highs. Bitcoin remained steady at 74K, market sentiment improved, and the Fear & Greed Index rose to 55. Investor FOMO toward the stock market intensified, and the total market capitalization in the crypto market increased overall, indicating genuine buy-side interest.

ChainNewsAbmedia13h ago
Comment
0/400
No comments