Top Crypto Price Predictions: Dash, Near Protocol, Zcash

Crypto prices remained firm on Sept. 5 as broader market sentiment stayed in the greed zone.

The Crypto Fear and Greed Index stood in the low-to-mid 70s in the latest available readings, while Bitcoin remained close to $80,000. Several altcoins also extended recent rebounds as traders increased exposure to higher-beta assets.

Dash and Zcash stood out among privacy-oriented cryptocurrencies, while NEAR continued benefiting from interest around blockchain-based AI infrastructure. The three tokens, however, have different technical structures and fundamental narratives.

Dash Price Prediction as Privacy Token Rally Extends

Dash is a top player in the AI crypto industry, where it makes it possible for people to send tokens anonymously. Its token has staged a strong comeback this week, making it one of the best performers in crypto. This rally occurred in a high-volume environment, with the 24-hour trading volume rising to over $516 million.

Technicals also explain why the token has rebounded in the past few days. The daily chart shows that the token found a substantial support level of $29.54, its lowest level in February, March, April, June, July, and August. That is a sign that bears remained reluctant to place bearish bets on the token below that price.

Dash token has now crossed the important resistance level of $58.31, its highest point on May 6 this year. Moving above that level confirmed that bulls are prevailing. Also, it has jumped above the 50-day and 100-day moving averages. At the same time, the Average Directional Index (ADX) has jumped to 47, a sign that the momentum is continuing.

Therefore, the token will likely continue rising as bulls target the next important resistance level of $100. Before this happens, the token may drop and retest the support level of $58, and then resume the uptrend. This is known as a break-and-retest pattern, a common bullish continuation sign.

Near Protocol Price Forecast

Near Protocol has done well in the past few months. It jumped to $2.2325 on Saturday, up sharply from the year-to-date low of $0.8490. The token has done well because of the ongoing artificial intelligence (AI) boom that has continued doing well as evidenced by the recent Nvidia earnings.

NEAR token has rebounded in the past few days, moving from a low of $1.5407 in August to the current $2.2292. It has jumped above the crucial resistance level of $2.1119, its highest point in July and August. Moving above that level confirmed the bullish outlook.

The token has formed an inverted head-and-shoulders pattern, a common continuation sign in technical analysis. It has moved above the neckline at $2.111 and is about to move above the 38.2% Fibonacci Retracement level. NEAR has also jumped above the 50-day moving average, a sign that bulls are in control.

Therefore, the token will likely continue rising as bulls target the key resistance level of $3. This rally will likely happen as the Anthropic IPO nears.

Zcash Price Prediction

Zcash price has staged a strong comeback this year, and is now hovering at its highest level on record. ZEC has jumped and crossed the important resistance level of $685, its highest level in May this year. It has also moved above $1,000, a sign that bulls are doing well. This surge has occurred in a high-volume environment, with the 24-hour volume exceeding $1.5 billion.

The token has jumped above the 100-day Exponential Moving Average (EMA) and the Supertrend indicator. Also, the Relative Strength index has continued rising. Therefore, the soaring demand for the privacy token will push it higher, potentially to $1,200. A move below the $900 support level will invalidate the bullish outlook.

This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets can experience sharp price movements.