Dash (DASH) extended its sharp rally over the weekend, with the privacy-focused cryptocurrency pushing above $70 and later spiking to $76.13 in a single hour, as traders continued to rotate into privacy coins.
On Friday, DASH traded near $70.42, up 12.51% intraday after tagging a high of $72.49. The move followed Thursday’s 30.5% single-day jump and put DASH more than 85% above its mid-August levels. Trading volume reached 54.6% of the coin’s market capitalization, the highest ratio among major crypto assets, while futures open interest rose roughly 20%, signaling increased speculative interest. Dash price analysis remained bullish above $60, the level that needed to hold through the weekend. DASH also traded more than 55% above its 20-day exponential moving average at $44.43, with the 50-day EMA at $38.72 and the 100-day EMA at $37.28.
By Saturday, DASH added another 11.37% in just 60 minutes, climbing from $68.36 to $76.13. The 24-hour trading volume stood near $70.59 million, with the day’s range spanning from $65.23 to the new high. Analysts identified $80 as the next key resistance level and $70 as nearby support. A break above $80 could reinforce bullish momentum, while a drop below $70 may signal caution. The price action remains volatile, with potential institutional interest and speculative trading contributing to the move.
This article is for informational purposes only and does not constitute financial advice.
