Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
DASH's recent market movement has indeed been fierce. From the low of $59 up to the current level, many are asking whether it can break through $100 and continue to strengthen. Honestly, based on both fundamental and technical analysis, the probability is quite high.
First, let's discuss the fundamentals. After the EU DAC8 directive took effect, the demand for privacy transactions has significantly increased, and market recognition of "privacy as a core feature" is growing. Many funds are shifting from other privacy-related coins to DASH. Meanwhile, the partnership between DASH and Alchemy Pay has opened a new chapter—now integrated into 173 countries and over 300 payment channels, which means actual application scenarios and liquidity are clearly improving. On-chain data shows that recent daily net inflows reached $873,000, open interest has increased by 20%, and short liquidations exceeded $3.11 million. These figures all signal one thing: bullish sentiment is at an unprecedented high.
Looking at the technical side, since early November, DASH has started its rally from $59 and has now formed a clear upward trendline. The price is steadily above the 20-day and 50-day moving averages, with the moving average system showing a bullish alignment. Although it briefly broke above $100 before pulling back, it found strong support in the $73-$76 range, forming a "pullback confirmation" pattern. Currently, it is gathering strength near $90 for a push higher. From the indicators, MACD continues to expand above the zero line, while KDJ shows some fluctuations at high levels but no clear divergence signals. The volume and price action are well coordinated, providing sufficient momentum for a breakout.
If it successfully breaks through and stabilizes above $100, the subsequent space could open further. The short-term target points to the $110-$125 range, corresponding to the 0.236 Fibonacci retracement level. For trading, it’s best to wait until DASH breaks above $100 and truly stabilizes before entering.
However, a reminder—DASH has historically experienced volatility after breaking through key resistance levels, which is not unusual. But this time, the fundamental logic is solid, the technical pattern is quite complete, and the entire privacy coin sector is heating up, so the continuation of the trend after breaking $100 is worth expecting. If this move can hold steady, DASH is very likely to become one of the leading tokens in the next wave of the crypto market rally.