|

Quant Price Forecast: QNT price rally hits annual high on securing US tokenized deposit settlements

  • Quant price is up 4% on Friday, trading at YTD highs of around $94 after a 27% rally the previous day.
  • Quant partners with The Clearing House as an interoperability layer to handle tokenized deposits across 25 major US banks.
  • The technical outlook for QNT is bullish, with the price inching closer to the $100 psychological barrier.

Quant (QNT) emerges as the best-performing crypto asset over the last 24 hours, with nearly 30% gains following its partnership to handle tokenized deposits across US financial institutions. The technical outlook for Quant indicates a strong rally likely to reclaim the $100 milestone.

Quant partners with The Clearing House to handle US tokenized deposits

Quant announced a major partnership to serve as an interoperability layer with The Clearing House, the core payments system in the US, which handles over $2 trillion in daily transactions. The announcement positions Quant at the center of the US government’s push for tokenized Real-World Assets (RWA). 

Quant will supply interoperability, orchestration, and a transaction layer for clearing and settling tokenized deposits across 25 major US banks. The network is likely to launch in the first half of 2027 and establish payment networks for tokenized deposits.

https://x.com/quantnetwork/status/2103118263227912693

Technical outlook: More bullish fuel left in Quant’s tank

Quant trades around $95.56 at press time on Friday, extending its 27% rally from the previous day. QNT price sits well above the 50-, 100-, and 200-day Exponential Moving Averages (EMAs) at $66.29, $65.91, and $68.42, suggesting a firmly supported uptrend

From a technical perspective, QNT extends the bullish breakout rally of a long-term resistance trendline, connecting the July 23, 2025, and May 16 highs, near $70.00. The rally now tests the 127.2% Fibonacci extension level, measured over the previous downswing from $85.00 to $55.28, at $95.55. A confirmed breakout could target the 161.8% extension level at $110.89.

Momentum is stretched on the daily chart, with the Relative Strength Index (RSI) at 81 in overbought territory and the Moving Average Convergence Divergence (MACD) line firmly above its signal line, suggesting buyers are in control.

Chart Analysis QNT/USDT (Binance)
QNT/USDT daily price chart.

On the downside, initial support appears at the 100% retracement at $85.00, before a deeper corrective move could target a dense cluster formed by the 78.60% level at $77.52.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Author

Vishal Dixit

Vishal Dixit

FXStreet

Vishal Dixit holds a B.Sc. in Chemistry from Wilson College but found his true calling in the world of crypto.

More from Vishal Dixit
Share:

Editor's Picks

Bitcoin and Gold Outlook: BTC eyes $70,000, XAU defends $4,000 as focus shifts to US CPI inflation

Bitcoin trades in the red below $75,000 on Monday, while Gold attracts some buyers, holding above $4,100. Market dynamics shifted toward risk aversion after last week's US midterms, resulting in a 5% rebound in Gold as a safe-haven asset, while BTC’s high-risk nature led to a 4% loss in the same period.

Crypto Today: Bitcoin, Ethereum, and Ripple extend downtrend as selling pressure mounts

Major cryptocurrencies, including Bitcoin, Ethereum, and Ripple, maintain a broadly corrective tone, extending losses from the previous week. Risk-off sentiment builds in the crypto market following last week’s correction linked to Democrats sweeping the US midterms.

Pi Network hits record low as bearish pressure overwhelms rebound hopes

Pi Network is trading at a record low, with over 5% losses so far on Monday, following the previous day’s 6% decline. The PI token's retail appeal also takes a hit, with its Open Interest down by over 20% in a week, indicating a large-scale unwinding of active positions.

Ripple risks further losses as bears eye $1

Ripple extends its decline, trading below $1.09 on Monday after falling more than 10% last week. Weakening institutional demand adds downside pressure, as XRP spot Exchange-Traded Funds (ETFs) recorded $529,510 in net outflows last week, ending a two-week streak of inflows.

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss
Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.