DeFi Tokens XLM, ATOM, QNT Surge Amid Alt Season Momentum

As the alt season gains momentum, several decentralized finance (DeFi) tokens are emerging as strong contenders for significant gains. Investors are keenly watching these assets, which have shown promising trends and potential for remarkable returns in the coming months.

Stellar (XLM) has recently experienced a notable surge, with a nearly 79% increase last month. However, over the past six months, the coin has seen a mild downturn of about 3.8%, indicating a mixed long-term outlook. The current trading range for Stellar is between $0.21 and $0.28, with key support at $0.18 and resistance at $0.31. If the price stays above $0.18, bullish traders might look to accumulate on dips. A breakout above $0.31 could lead to higher resistance at $0.38, providing profit-taking opportunities. However, with the relative strength index around 83, the coin appears overbought, warranting caution for a possible correction. Monitoring price behavior near these levels is crucial, as traders could find potentials to buy low and sell high in this range-bound market.

Cosmos (ATOM) has also shown volatility, with a 14.79% rise in the past month and a 13.42% jump over the last week. However, a six-month decline of nearly 29% reflects ongoing challenges. The price movement has shown volatility but also hints at a recovery. The coin previously traded lower and has shifted toward a steadier range recently. The short-term growth signals a rebound, even amid broader market pressures observed over the half-year period. Current evaluation of Cosmos shows the price trading within a modest range, with visible support and resistance levels for traders. The coin trades between $3.56 and $4.63, with immediate resistance at $5.16 and secondary resistance at $6.22. Support appears around $3.03, while a secondary level lies near $1.97. Market indicators present a mixed picture with slight bullish pressure. Many traders are monitoring the potential for an upward breakout above $5.16, while caution remains due to the broader downward trend reflected in the half-year performance.

Quant (QNT) has experienced a modest price uplift with nearly a 6% increase over the last month and a brisk 4.15% gain over the past week. Over the six-month period, the coin recorded about a 5% decline, reflecting a mix of short-term recovery and longer-term pressure. Price behavior has shown variability as recent gains underline temporary optimism while the overall decline suggests ongoing market reassessment. Currently, Quant trades within a range of roughly $86.73 to $126.77. Immediate resistance is noted near $146.18 with a second barrier at $186.22, and support levels exist around $66.10 with a deeper test at $26.06. Technical indicators such as a Momentum reading of 5.20 and an RSI of 57.04 imply balanced market sentiment with a slight bullish tilt. Bulls appear to be applying moderate pressure, driving short-term gains, though the absence of a pronounced trend calls for caution. Traders might consider buying near support while keeping an eye on the resistance levels for potential exits.

XLM, ATOM, and QNT show strong potential for gains. XLM is poised to benefit from increased adoption in cross-border transactions. ATOM is promising due to its ecosystem growth and interconnectivity. QNT stands out for its unique approach to connecting different blockchains. These coins are positioned to perform well this alt season.