Key Insights

  • NEAR Protocol price extended its recovery as trading volume climbed above $1.2 billion.
  • Uniswap price surged as UNI broke above recent resistance and DEX activity remained elevated.
  • Zcash price approached $1,500 as demand for privacy-focused crypto assets continued to strengthen.

The broader crypto market stabilized on Sept. 18 after absorbing the Federal Reserve’s latest rate increase and the Senate’s failed CLARITY Act cloture vote.

NEAR Protocol traded around $3.00 with 24-hour volume above $1.2 billion. The daily chart showed price above its 50-day and 100-day moving averages and a possible cup-and-handle structure with a neckline near $3.08.

Using a cup depth of roughly $1.54 produces a theoretical technical target near $4.62. That target remains conditional on a sustained breakout above the neckline.

Uniswap traded around $7.50 after a strong daily move and elevated volume. The chart also showed the 50-day moving average crossing above the 200-day moving average, forming a golden cross. This is a lagging signal and does not guarantee more gains.

A sustained hold above the $7.40-$7.50 region could strengthen the case for a test of the $10 psychological level.

Zcash remained one of the strongest large-cap crypto assets, trading near $1,450-$1,500. ZEC had moved above the prior resistance area around $1,288-$1,300, making $1,500 the immediate technical level to watch.

ZEC is not at an all-time high. Its historical peak remains far above current levels. Grayscale’s Zcash product, ZCSH, is also a trust rather than an ETF.

Crypto journalist and market analyst covering digital assets, markets and financial technology.