Quant Price Eyes $370 Retest as Clearing House Deal Fuels Rally

2 hour ago 3 sources positive

Key takeaways:

  • QNT's Clearing House validation is structurally bullish, but 2027 rollout delays tangible institutional revenue impact.
  • Record whale transactions signal accumulation, yet RSI near 81 warns of near-term QNT pullback risk.
  • Watch QNT's $373 resistance; break targets $400, while failure risks $281 support retest.

Quant’s native token QNT has surged back above $300, reigniting talk of a retest of its late-September peak near $373 after The Clearing House selected Quant to support its planned U.S. tokenized-deposit network.

On September 30, QNT traded around $302 on Binance’s daily chart, up roughly 13.29% from the open at $266.80, with a session high of $329 and low of $262.36. The move followed a sharp late-September pullback from a spike high near $370–$373. Weekly chart levels place nearby resistance at $312.50 and $343.75, while support sits near $281.25, $278, $262, and $250.

The rally is being fueled by The Clearing House’s September 24 announcement that Quant will provide technology for its On-Chain Money Initiative, a network for clearing and settling tokenized bank deposits. The Clearing House, which says its existing RTP and CHIPS networks clear and settle more than $2 trillion daily, expects the new network to become available to participating institutions in the first half of 2027. Intended use cases include corporate treasury, liquidity management, cross-border payments, and digital-asset settlement.

Blockchain data from Santiment shows 645 whale transactions above $100,000 in a single day, the highest ever recorded for QNT. CryptoRank data shows QNT gained 371.7% in September, its largest monthly gain on record. The token had spent months trading mostly between $50 and $90 before the late-September breakout carried it through $100, $150, and $250.

Technical indicators remain bullish, though stretched. The daily RSI stood at 81.90, above the overbought threshold of 70, while the MACD line at 50.10 remained above its signal line at 25.18, producing a positive histogram reading of 24.92. The weekly Chaikin Money Flow rose sharply to 0.35. CoinGlass liquidation data showed major concentrations near $324–$327 on the upside and around $278 on the downside.

Analyst Ted Pillows described QNT as breaking out of a five-year downtrend and suggested a potential move toward $373 if momentum continued. Another market commentator projected a bull-flag breakout above $400, which would require clearing both the $329 barrier and the recent peak near $373.

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