Quant Network's QNT Token Enters Top 30 Crypto List With an Envious 'Overbought' Status

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Quant Network's QNT Token Enters Top 30 Crypto List With an Envious 'Overbought' Status
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Interoperability-focused Quant Network's QNT has surged by 450% in four months, decoupling from the broader market lull. By godbole17

Perhaps truer words have never been spoken, as a cryptocurrency called QNT, the native token of interoperability-focused Quant Network, has come out of oblivion with a staggering 450% jump in four months, decoupling from the broader market lull.

An RSI above 70 implies overbought conditions, while a reading under 30 suggests the asset is oversold. The RSI is a momentum oscillator that measures the speed and change of price movements. Retail traders often misread an overbought RSI as a sign of an impending bearish reversal. However, that's not necessarily the case. An above-70 or overbought reading indicates the asset has moved too high too quickly and there could be a temporary bull breather.

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