Date: Wed, July 16, 2025 | 11:28 AM GMT

The cryptocurrency market continues to ride a wave of bullish momentum, with Ethereum (ETH) leading the charge, posting a 20% gain over the past week and closing in on the $3,175 mark. This bullish energy is spilling into altcoins — including Quant (QNT).

$QNT has jumped 6% over the past seven days, but what’s catching even more attention now is the emergence of a textbook harmonic pattern on the chart that may point to further gains ahead.

Source: Coinmarketcap

Harmonic Pattern Hints at Bullish Continuation

Zooming in on the daily chart, QNT appears to be forming a Bearish ABCD harmonic pattern. Despite the name, this pattern is not immediately bearish — it often leads to bullish continuation during the CD leg, with the bearish pressure typically emerging after the pattern completes at point D.

The structure began at point A around $62.7, rallied strongly to point B at $126.6, before retracing to point C at approximately $85.4. Since then, QNT has started moving higher again and is currently trading near $115, with bullish momentum building.

Quant (QNT) Daily Chart/Coinsprobe (Source: Tradingview)

If the harmonic pattern completes, the final leg from point C to point D could push the price toward $149.30, which aligns with the 1.55 Fibonacci extension. This would mark a potential 30% upside from the current level.

What’s Next for QNT?

For this bullish scenario to unfold, QNT must continue to hold above its 50-day moving average, which currently sits around $108.30 — a level that has acted as strong dynamic support during this recovery.

A breakout above the $120–$125 resistance zone with sustained volume could confirm the next upward leg toward the PRZ. If reached, the $149 region may act as a reversal point where short-term traders take profits, especially given the harmonic pattern’s predictive nature.

Disclaimer: This article is for informational purposes only and reflects the author’s personal views. It should not be considered financial advice. Always conduct your own research before making any investment decisions.