Cryptocurrency Gainers: Midnight, Tezos, and Quant
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Cryptocurrency Gainers: Midnight, Tezos, and Quant – Short-Term Recovery at Risk. After a 10% rally on Monday, Midnight faced resistance on Tuesday near its 4-hour 50-period moving average around $0.64. Tezos struggled near its 200-day moving average after a 5% rally the previous day. Quantitative indicators are resonating between the 50-day and 200-day moving averages as bullish momentum strengthens. As of Tuesday, altcoins including Midnight (NIGHT), Tezos (XTZ), and Quant (QNT) outperformed the broader cryptocurrency market in 24 hours. Monday's rally in NIGHT, XTZ, and QNT faced resistance near key moving averages, limiting gains. Technically, altcoins may reverse at strong resistance as the broader cryptocurrency market remains under selling pressure. Midnight Breakout Rebound Stalls on 50-Period Moving Average As of Tuesday's press time, midnight trading saw prices break above $0.0600, recovering 10% from the previous day. Cardano's privacy-focused token rebounded by breaking out of a descending channel pattern on the 4-hour chart but struggled to break above the 50-period exponential moving average (EMA) at $0.064566. The moving average is sloping downwards, which has limited gains twice earlier this week. Menu FX Street Login Cryptocurrency Gainers: Midnight, Tezos, and Quant – Short-Term Recovery at Risk 01/20/2026 03:46:49 GMT | Author: Vishal Dixit After a 10% rebound on Monday, Tuesday midnight saw resistance near the 4-hour 50-period moving average at $0.64. Tezos struggled near its 200-day moving average after a 5% rebound the previous day....
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