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Bitzo 2025-05-24 18:47:54

RWA Tokens Kaspa and Quant at Key Resistance – Could May Be the Month They Begin Their Next Leg Up?

Two prominent real-world asset tokens, Kaspa and Quant , are currently facing significant resistance levels. With market dynamics shifting, there's a growing buzz about whether May could mark a pivotal turning point for these tokens. This article delves into the current market conditions and explores if these assets are poised for a breakthrough. Kaspa's Rally Amid Mixed Momentum and Key Price Levels Kaspa showed a 16.71% rise over the past month alongside a significant six-month drop of 25.01%. Price movement witnessed short-term gains countered by longer-term weakness, pointing to volatile sentiment. The one-week decline of 1.87% adds to the narrative of fluctuating momentum and recovery attempts, with overall behavior reflecting both positive bursts and cautionary retreats. Current pricing trades between $0.0585 and $0.1150. With resistance at $0.1403 and a secondary wall at $0.1967, traders could look to initiate long positions near the strong support level of $0.0274. RSI near 58.60 hints at gentle bullish pressure even as momentum indicators remain weak, suggesting careful plays around these technical points. Quant QNT: Monthly Surge Contrasts with Mixed Six-Month Trends QNT price data shows a strong monthly gain of over 42% alongside a modest weekly rise of 1.66%. A slight overall decline of 1.11% over six months reflects variable momentum. Recent movements highlight periods of rapid gains contrasted with longer-term hesitation. Market history underscores a mix of rally potential and extended sideways action without a consistent upward trend. Current prices trade between $63.20 and $82.20 with immediate resistance at $89.40 and support at $51.40, and a secondary resistance at $108.40. Bulls hold sway within this range, but indicators like a marginally negative momentum reading suggest caution. Traders may consider entering near support and taking profits near resistance while monitoring for any emerging trend shifts. Conclusion KAS and QNT are facing important resistance levels. If these resistances are broken, it could signal the start of a strong upward move. Market behavior will be key in the coming weeks. Focus remains on whether these tokens can surpass their current barriers. Analysts will be watching closely for any positive signs. The upcoming month may provide crucial indicators for future performance. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.

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