Major Quant (QNT) Volatility, Important Cardano (ADA) Price Warning, and More: Bits Recap October 2

QNT retreated from its local top, ADA flashed sell signals, while SUI may be gearing up for a huge pump. The past week has been quite turbulent for the trending altcoin QNT, whose price ultimately increased by an additional 130%. Cardano’s native token has also performed well lately, but certain factors suggest it may soon head south. Meanwhile, SUI has risen by 17% over the last seven days, with prevailing predictions that it could enter a full-blown bull run in the near future. QNT’s Performance In mid-September, the token was worth around $60, yet a combination of bullish elements triggered a massive rally. The main catalyst was the announcement that The Clearing House (which operates payment networks that process over $2 trillion each day) selected Quant to power its On-Chain Money Initiative. At one point, QNT exploded to a five-year high of nearly $370, yet the bulls could not sustain the momentum, and it currently trades around $235. That still represents a stunning 300% jump over two weeks. Despite the evident reversal from the local peak, the coin remains the subject of bullish price predictions. Ali Martinez outlined $430 as a key resistance level, which sits at the top o...