3 reasons why Quant Network’s QNT token may have topped after 450% gains since June By Cointelegraph

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3 reasons why Quant Network’s QNT token may have topped after 450% gains since June

The price of Quant Network (QNT) eyes a sharp reversal after an impressive 450% rally in the past four months.

QNT’s downside outlook takes cues from a flurry of technical and on-chain indicators, all suggesting that investors who backed its price rally have likely reached the point of exhaustion.

daily price chart. Source: TradingView
Quant Networks’s price versus daily active addresses. Source: Santiment
QNT/USD daily price chart. Source: TradingView
Quant Network addresses holding 100-1,000 QNT and 1,000-10,000 QNT tokens. Source: Santiment