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

CoinsProbe
QNT6,36%
ETH-5,36%


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 Today’s News: Goldman Sachs Holds 154 Million XRP in ETF, Institutional Buying Fails to Drive Up the Price

Goldman Sachs has become the largest public holder of XRP spot ETF with a position of approximately $154 million, but this institutional signal has yet to be reflected in the coin price, with XRP still hovering around $1.29. Technical analysis shows that the $1.50 support level is critical, and a breakthrough could push prices higher.

MarketWhisper50m ago

Whale Buys Million in Ethereum! Low-Level Rebound Signals Emerge, Is ETH Price Inflection Point Coming?

Recently, an Ethereum whale returned to the market, purchasing 50,706 ETH with 111 million USDT, demonstrating confidence in the current price. Meanwhile, other large wallets have exhibited similar buying behavior, elevating market attention toward Ethereum. Although Ethereum's price continues to face pressure, institutional capital inflows and improved regulatory environment in the United States provide certain support to the market, potentially establishing mid-term support levels.

GateNews53m ago

Today's cryptocurrency fear and greed index dropped to 23, with the market shifting to an extremely fearful state.

Gate News: On March 19, according to Alternative.me data, today's cryptocurrency Fear and Greed Index dropped to 23, with the market transitioning from yesterday's "panic state" (index 26) to "extreme panic state."

GateNews2h ago

Why Did Bitcoin Decline Today? Powell Sends Hawkish Signals, Trump Considers Troop Increase in Middle East

Bitcoin fell to $70,767 on March 19 following hawkish signals from Federal Reserve Chairman Powell, who warned that rising oil prices could exacerbate inflation; meanwhile, U.S. military troop reinforcements in the Middle East heightened geopolitical risks. The $70,000 level is a critical support for Bitcoin, and a break below it could accelerate further downside.

MarketWhisper2h ago

Here’s Why River (RIVER) Price Is Pumping Today

RIVER's price surged 25% to $27.54, driven by a bullish inverse head-and-shoulders breakout and increased trading volume. Analysts project further gains as traders respond to market conditions and ongoing ecosystem campaigns, indicating strong support for the price.

CaptainAltcoin5h ago

Brandt Spotlights 'Ugly' Bitcoin Pattern - U.Today

Peter Brandt advises Bitcoin traders to remain flexible amidst conflicting technical setups: a potential bullish "horn" pattern and a bearish "flag" pattern. He criticizes the dogmatic mindset of some in the crypto community, emphasizing adaptable trading strategies over fixed opinions.

UToday6h ago
Comment
0/400
No comments