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Quants climbed to a year-to-date high on Saturday, marking a third consecutive increase in prices. In addition to this, Tron also went higher as the token attempted to break through a key resistance point. Overall, the cryptocurrency market is down 1.95% at the time of writing.
Quants (QNT) are one of the notable moves heading into the weekend as the token surges to a 10-month high.
Following Friday’s low of $162.00, QNT/USD surged to an intraday peak of $184.98 early in today’s session.
The move pushed the token to its highest level since January 8, following a three-day rally.
As of this writing, the 14-day Relative Strength Index (RSI) is currently in overbought territory, tracking 80.19.
This is just above the 79.00 ceiling, which means the bears may be looming and looking for a slip before re-entering.
If the bullish momentum remains high, traders can target an exit near $190.
thoron (TRX) was another big riser to start the weekend as the price tried to break through a key resistance level.
TRX/USD peaked at $0.06501 early in today’s session. This is less than a day after hitting the low of $0.06174.
As mentioned earlier, Tron hit the $0.0650 ceiling and has not breached it since late August.
After reaching this peak, TRX It has since declined and is trading at $0.06264 at the time of writing.
The 14-day RSI is currently below the 57.00 ceiling, tracking at the 53.92 mark and appears to be headed for the 50.50 support point.
If this target is achieved, Tron price could trade near $0.06100.
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Can we expect more rally from Tron this weekend? Let us know your thoughts in the comments.
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