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Leading Cryptocurrency Gainers: Quant, Decred, and Internet Computer Rebound Toward Resistance

Crypto Gainers: Quant, Decred, Internet Computer Rebound

Today’s top crypto gainers—Decred, Internet Computer, and Quant—are bouncing back after taking a hit earlier this week. All three are showing solid rebounds, but now they’re running into some tough resistance. Their next movements will depend on whether they can break through those levels.

Decred’s been on a tear, jumping more than 120% in just a week. That’s mostly thanks to investors piling into privacy-based coins. Right now, Decred is hovering around $40, but it keeps bumping its head against the $50 mark. The RSI sits close to 60, which tells us buyers are losing a bit of steam. If the $40 support doesn’t hold, the price could slip down to $28.50. But if Decred finally punches through $50, there’s a real chance it might race up to $70.

Internet Computer had a quick 14% increase but has since pulled back to just above $6. There’s resistance at $6.25, and it won’t be easy to get past. The 200-day EMA (Exponential Moving Average) down at $5.01 should offer strong support if the price dips. But with the RSI near 70, ICP looks a little overbought—so a breather or some sideways trading seems likely before it goes anywhere new.

Quant’s trading near $85 after climbing 18%, trying to escape a falling channel. If it can break above the 50-day EMA at $88.75, the next stop might be the 200-day EMA at $96.70. That would give bulls in the crypto market a real boost.