QNT +49.77% in 24 Hours Amid Strong Short-Term Gains

On SEP 6 2025, QNT rose by 49.77% within 24 hours to reach $0.0009316. This marked a continuation of a robust short-term rally, with the token surging 130.88% over the past seven days. Despite these gains, longer-term performance remains bearish, with a 303.76% decline recorded over the past month and a 1837.43% drop over the year. The sharp reversal in daily and weekly performance has drawn attention from traders and analysts monitoring the token’s momentum and technical indicators.

The recent rise of QNT appears to stem from a combination of short-term speculative interest and potential catalysts within the broader crypto market. While the token has yet to recover its previous all-time highs, the renewed buying pressure has led to a more optimistic sentiment among active traders. Analysts have noted that the rapid 24-hour and seven-day gains suggest a strong short-term bullish bias, but emphasize that this does not guarantee a broader trend reversal.

From a technical perspective, QNT has broken above key resistance levels in the past week, suggesting a potential shift in momentum. The RSI and MACD indicators have both shown positive divergence, reinforcing the view that the token may be entering a phase of upward correction within a larger bearish trend. However, traders are advised to remain cautious, as the long-term downward trajectory remains intact and could reassert itself at any time.

A range of technical indicators are being closely watched, including moving averages and volume profiles, to gauge the sustainability of the recent rally. The 50-period and 200-period moving averages remain in a bearish alignment, but the recent price action has pushed the 50-period line upward, indicating a potential short-term re-balancing of sentiment.

Backtest Hypothesis

To evaluate the potential effectiveness of the recent price movement, a backtesting strategy was applied using historical data. The strategy focuses on identifying entry and exit points based on the convergence of RSI and MACD indicators. The hypothesis is that a buy signal should be triggered when both RSI and MACD show bullish divergence and the price breaks above the 50-period moving average. Exit signals are generated when either indicator shows bearish divergence or the price falls below the 50-period average. The backtest aims to measure the profitability of this strategy during previous instances of similar market conditions. This approach aligns with the current technical environment observed in QNT, offering a structured method for assessing the likelihood of continued momentum.