These are the 2 altcoins with the strongest bullish today.

In an increasingly competitive crypto market, Quant (QNT) and Jupiter (JUP) have emerged as bright stars, drawing strong attention from investors and experts. Both have witnessed significant recent developments, with strong technical achievements and strategic collaboration strategies that have driven their considerable growth.

Quant: Breakthrough in the central banking industry

One of the most important events related to Quant recently is the collaboration with the Bank for International Settlements (BIS). This is a strategic move aimed at integrating blockchain technology into the central banking system, helping to promote the development of Distributed Ledger Technology (DLT) globally and the CBDC framework. This collaboration not only opens up a significant opportunity to improve the global financial system but also affirms the important role of Quant in connecting national financial systems through blockchain technology.

Jupiter: Advancing in the DeFi ecosystem

On the other hand, Jupiter has also made significant marks in the cryptocurrency market, especially in the DeFi ecosystem. Recently, Jupiter has exceeded the impressive figure of 1 trillion dollars in trading volume on Solana DEX, a testament to its strong growth and increasingly solid position in this field. The increase in trading volume and the continuous expansion of Jupiter have generated new confidence from investors, thereby boosting the value growth of this currency.

Price Analysis

QNT

QNT has experienced a significant price increase in the past 24 hours, with the price rising 7.7% to $106.7, reaching a daily high of $106.9. After bouncing up from a low of $98.76, the price of QNT is currently maintaining a strong growth momentum.

In the past 7 days, the price of QNT has increased by 11.3%, indicating a sustainable and stable upward trend. This increase is accompanied by a significant rise in trading volume, reaching 22.2 million dollars, a strong increase of 41.8%, which in turn led to a market capitalization rise to 1.27 billion dollars. All these factors demonstrate the strength in the price increase momentum of Quant.

Technically, QNT is in a strong upward trend, with investors targeting the psychological resistance level at $110. A successful breakout at this level could lead to a new price surge, opening opportunities for the next growth cycle. However, any signs of rejection at this level could result in a slight correction, with the nearest correction target being $100. Close observation of these resistance and support levels will help investors make appropriate decisions.

QNT Price Chart | Source: TradingView### JUP

Jupiter also had a successful trading day as its price rose by 5.8% to $0.42, after confirming a recovery from the support level of $0.38. Although the 24-hour trading volume decreased to $44 million, the price remained stable due to the positive market sentiment.

The RSI index of Jupiter is currently at 47.25, indicating that this cryptocurrency is in the process of recovering and has not yet entered the overbought zone. This suggests that there may still be room for growth for Jupiter in the near future.

Technically, the Bollinger Bands of Jupiter are narrowing, which often signals an increase in volatility in the near future. If buying pressure can maintain its momentum and push the price above $0.43, the next target for this coin could reach $0.50, a significant resistance level. However, if it cannot hold above $0.41, a pullback to the previous support level at $0.38 may occur.

JUP Price Chart | Source: TradingViewThe strong development of Quant and Jupiter recently indicates that both have great potential for continued growth in the near future. Quant, with its strategic collaboration with BIS, is leading the way in bringing blockchain technology into central banking, while Jupiter is asserting its position in the DeFi ecosystem with impressive trading volume.

With a strong upward trend and supporting technical factors, both of these currencies could be attractive options for long-term investors as well as short-term traders. However, investors need to closely monitor technical factors and the latest news to make informed investment decisions.

Lilly