DASH just staged one of the most explosive rallies of 2025 β leaping +66.6% in 24 hours and +194% weekly, smashing through nearly 3 years (968 days) of downtrend resistance. Its market cap surged 64% to $1.8B, while trading volume soared 40%, leaving most altcoins struggling to catch up.
π₯ What Triggered the Dash Frenzy?
Three catalysts lit the fuse:
- Privacy Coin Sector Momentum β the segment rallied 80%+ this week, with Dash taking the lead.
- Bullish Ecosystem Updates β renewed investor focus on privacy protocols.
- Technical Breakout + Short Squeeze β more than $13M in short positions were liquidated in just 12 hours, triggering a cascade that fueled the rally above $140.
π₯ Liquidations Hit $7.26M in 24H
According to CoinGlass, Dash traders saw $7.26M in total liquidations, with shorts losing $6.03M.
The largest clearing happened on Binance ($1.1B volume), showing that whales dominated order books and amplified volatility.
π Technical Outlook: Overheated or Just Starting?
Dash is currently trading at $144.22, up 63.83% daily, and remains one of the top-performing assets in the privacy segment.
RSI sits at 82.49, signaling an overbought zone, suggesting possible cooling before another leg higher.
Key levels:
- Resistance: $140, $160
- Support: $90, $59.7
If buying momentum sustains, a push toward $160 is realistic β but with volatility this high, traders should expect rapid swings both ways.
π Bottom Line: Dash just reignited investor interest in privacy coins β and with the 968-day downtrend broken, it may not be done making noise yet.
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