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

Source Fxstreet
  • 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.)

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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