Quant’s Bullish Surge: Can It Keep Climbing?

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Quant [QNT] has had a day that would make a squirrel in a trap feel envious-up 8% after breaking out of a bullish pennant consolidation pattern, which is basically the crypto equivalent of a toddler finally learning to walk. Just five days ago, it filled a market imbalance at $78, which is like a toddler tripping over their own feet but somehow ending up in a better spot.

By the time you’ve read this, Quant’s price has probably gone up 8%-if it hasn’t already, it’s probably just taking a coffee break. The move followed a decisive breakout above the 20-day and 50-day exponential moving averages, a technical shift that’s about as reliable as a toddler’s promise to clean their room.

Launchpad for further price rallies?

At the time of writing, QNT was trading above both EMA levels. This positioning is key. If the token prices manage to hold strong above key moving averages, those levels could turn into support. Which is like saying, “Hey, maybe this toddler won’t fall over again!”

In Quant’s situation, the 20-day and 50-day EMAs are still holding strong, and they could now offer a potential solid foundation for a reversal attempt to take place. Or, as we like to call it, “the crypto version of a ‘I’m not falling today’ mindset.”

Quant’s on-chain metrics lean bullish

On-chain data appears to support this emerging strength. Quant’s daily transaction volume has risen notably, reaching 60,000 transactions over the past 24 hours, according to the recent reports. This is like a toddler finally learning to speak-exciting, but still mostly nonsense.

Taken from the past, rising transaction activity mirrors an increased network engagement, which tends to align with QNT’s improving market sentiment during early trend shifts. Or, as the crypto crowd would say, “This is the real deal, folks!”

QNT: Long-term holder activity rises

At the same time, exchange-related metrics aligned with the current bullish trend. The number of QNT withdrawals has dropped to its lowest level on record. This stands out as the lowest activity level ever recorded. It’s like everyone’s decided to keep their QNT in a safe instead of a piggy bank.

The altcoin has recorded only 24 transactions since the morning of the 20th of January to press time. A decline in withdrawals often signals reduced selling pressure, as fewer tokens move toward exchanges. Which is great news for buyers, unless you’re a seller. But hey, nobody likes a seller, right?

That said, the token long-term holder sentiments remain positive, as most elite investors and traders are reinvesting their profits rather than withdrawing to exchanges. Because nothing says “I trust this” like putting your money back into the same risky thing you just made a profit from.

All put together, long-term holders’ activity, a surge in the number of on-chain transactions, and positive technical indicators increase the likelihood of the bullish run continuing further in the long run. Or, as the experts say, “This is just the beginning of a beautiful friendship.”

Final Thoughts

  • Quant continues its bullish momentum as its price still trades above 20-day and 50-day Exponential Moving Averages (EMAs).
  • QNT on-chain activity strengthens as transaction volume rises and withdrawals fall to record lows.

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2026-01-20 14:57