Shanzhai coins like Midnight (NIGHT), Tezos (XTZ), and Quant (QNT) have outperformed the overall cryptocurrency market in the past 24 hours, but their recent rebound faced resistance near key moving averages. NIGHT's rally was halted near the 50-day moving average at around $0.0646, while XTZ was resisted at the 200-day moving average near $0.6081. QNT held above $82 but faced selling pressure at the 200-day moving average near $87. Technical indicators show mixed momentum for these tokens; a breakthrough above these resistance levels could lead to further gains, while a failure at support levels might result in declines.
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Shanzhai coins like Midnight (NIGHT), Tezos (XTZ), and Quant (QNT) have outperformed the overall cryptocurrency market in the past 24 hours, but their recent rebound faced resistance near key moving averages. NIGHT's rally was halted near the 50-day moving average at around $0.0646, while XTZ was resisted at the 200-day moving average near $0.6081. QNT held above $82 but faced selling pressure at the 200-day moving average near $87. Technical indicators show mixed momentum for these tokens; a breakthrough above these resistance levels could lead to further gains, while a failure at support levels might result in declines.