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Analysts say: XRP, QNT and INJ are approaching key breakthroughs

2026-10-06 18:17:14
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Breakthroughs in the three major altcoins are imminent: Analysis of key technical bits of XRP, QNT and INJ

Analyst Ali Charts pointed out that the three altcoins, XRP, Quant (QNT) and Impressive (INJ), are approaching key technical points for potential breakthroughs. At present, XRP has broken away from the falling triangular resistance line, QNT needs to confirm the hourly closing data, while INJ checks back the neckline after the cup handle shape breaks through.

XRP: Support Test after Triangle Breakout

According to Ali Charts 'analysis, XRP appears to have broken through the Triangle's downward resistance line on the four-hour chart. Analysts view $1.50 as a key support level and are closely watching the price's reaction as it will be the core of subsequent trends.

If XRP can hold on to $1.50, analysts expect its price to hit $1.62. Therefore, a price game around $1.50 is crucial to the current technical landscape.

QNT: Need to stand firm at $262 to confirm a breakthrough

Although Quant (QNT) had a strong performance in the previous month, Ali Charts said the current focus has shifted to whether QNT can continue its gains. Analysts identified $262 as the key level to confirm a breakthrough. If an hourly closing price above this level can be achieved, a higher target level will be activated.

Against this background, analysts listed $315 as their top target, followed by $344. This means that QNT must first cross a specific confirmation threshold before the above goals can have practical reference significance.

Effective: Back test $7.33 neckline

At the same time, Aggressive (INJ) takes on different technical forms. Ali Charts pointed out that INJ seems to have broken through from the "cup handle form" and is currently in the stage of retesting the neck line of this form (approximately $7.33).

Analysts believe that if buyers can effectively defend around $7.33, the form will continue to remain vibrant. If combined with stronger momentum and solid support of $7.33, the price is expected to point to $13.40. However, the analyst stressed that he was still observing the specific reaction of prices in key identification areas.

Market macro background

According to TradingView data, the current total market value of cryptocurrencies is approximately US$2.88 trillion. If Bitcoin is excluded, the total market value is US$1.17 trillion, of which the market value of the altcoin sector is approximately US$246.96 billion. These macro data constitute the overall market environment when XRP, QNT and INJ face their respective technical barriers.

Summary

To sum up, the key support level for XRP is at $1.50, and the upper target is at $1.62;QNT needs to close above $262 per hour before it can look at $315 and $344; while INJ needs to pay attention to the gains and losses of the $7.33 neckline. If it is successfully defended, the target level will be at $13.40. Ali Charts said that the specific response of prices at these key levels will determine its subsequent focus on upward targets.

Disclaimer:

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