Top Crypto Price Predictions: Quant (QNT), Near Protocol, Zcash (ZEC)

Crypto prices weakened on Sept. 28 as oil prices rose and Treasury yields remained elevated. Bitcoin traded near $83,700, while Ethereum changed hands around $2,660.

Brent futures traded near $98.82, while West Texas Intermediate approached $94.02. The U.S. 10-year Treasury yield closed at 5.17% on Sept. 25.

Against that backdrop, Quant, NEAR Protocol and Zcash remained among the stronger recent performers. Their setups now depend on whether recent gains can hold as macro volatility persists.

Quant Price Prediction After QNT’s Rapid Rally

Quant token has made a strong bullish breakout in the past few days. It jumped from this month’s low of $59 to a high of $368 on Sunday. This surge coincided with the growing adoption of its technology. For example, the biggest British banks used its technology to facilitate tokenized deposits. It has also been embraced by Clear Street, a company that handles billions of dollars each month.

Additionally, Quant price has done well because of the rising demand for coins in the real-world asset (RWA) tokenization industry.

The surge coincided with higher volume, a sign that investors embraced the Fear of Missing Out (FOMO). Its 24-hour volume soared by 281% to $1.2 billion, while its futures open interest continued its strong upward trend. Also, CoinGlass data shows that the supply of QNT in exchanges has continued falling.

QNT token also moved above all moving averages, a sign that bulls had prevailed. However, the upward trend may be overextended, as evidenced by the Relative Strength Index (RSI), which jumped to 94. That is a sign it has become highly overbought.

Therefore, there is a likelihood that the Quant price will pull back to $200 and below as investors book profits. If this happens, the token may also bounce back and retest this month’s high as investors book profits.

Near Protocol Price Prediction

The NEAR Protocol token has also performed well over the past few months, driven by its positioning in the privacy and AI industries. It has jumped from the August low of $1.5407 to a high of $5.50. This rally accelerated after the success of Meta Platforms’ Muse AI agent.

The rally happened as it formed a cup-and-handle pattern, which often leads to a bullish continuation sign. It has already moved above the important resistance level of $3.08, the upper side of this cup.

Additionally, the Relative Strength Index (RSI) jumped to 83, a sign that the uptrend gained momentum. However, it has now become highly overbought, which may prompt a reversal as investors begin to book profits. If this happens, it may drop to the key support of $4. It may also retest the support of $3.08.

Zcash Price Prediction

Zcash, the biggest privacy coin, has done well in the past few months. ZEC token jumped from a low of $188 earlier this year to $1,693 during the weekend. This rally happened as the Grayscale ZEC ETF added assets and as its shielded supply soared. 21Shares launched its ZEC ETP in Europe last week.

The token rose above the important resistance level of $1,288, its highest level on September 9 this year. It remains above the Supertrend indicator. The risk, however, there are signs that the momentum is fading, with the Average Directional Index (ADX) moving sideways at 61.

Most notably, it is forming a bearish divergence pattern as the RSI is forming a series of lower lows and lower highs. This pattern often leads to a retreat over time. If this happens, it may drop to the crucial support of $1,288.

Looking ahead, the crypto market will react to the upcoming US nonfarm payrolls (NFP), consumer confidence, and any developments in the US-Iran war.

This article is for informational purposes only and does not constitute financial or investment advice. Technical levels remain conditional.