Quant Token Volatility, Cardano Price Warning, and SUI's Bullish Breakout
The Quant token (QNT) recently experienced significant volatility, plummeting from its local high of nearly $370 to around $235. This 300% jump over two weeks has left many investors wondering what's next for this altcoin.
Ali Martinez pointed out that the $430 level is a key resistance point, and a decisive breakout above it could lead to a parabolic expansion toward $2,000. However, Doctor Profit recently cashed out his entire position in QNT, citing an uncomfortable environment.
Meanwhile, Cardano's native token (ADA) has also seen its price increase by 25% in September, but analyst Ali Martinez believes it may soon head south due to recent whale activity and a sell signal from the Tom DeMark Sequential indicator. He suggests that a break below $0.24 could lead to a further drop to $0.21.
The SUI token has risen by 17% over the last seven days, with predictions of a huge pump in the near future. Martinez notes that SUI is building another parallel channel and is watching the key level of $1.27. A close above it could confirm another bullish breakout and mark the beginning of the next leg higher.