The Dash price has just delivered one of its wildest runs in years. I watched as Dash ripped 66.6% higher in the past 24 hours, igniting a rally that crushed the broader cryptocurrency market. For context, Dash’s market cap ballooned 64% to $1.8 billion, and trading volume shot up 40%. The weekly tally is even more stunning, Dash jumped 194%.
Three forces drove this move, privacy coin sector momentum with an 80% weekly surge with Dash leading, A wave of bullish ecosystem news, and a technical breakout that demolished a 968-day downtrend. The rapid incline was supercharged by a $13M short squeeze, where bears absorbed heavy liquidations. This created a frenzy as traders piled in, chasing records above $140. The volatile mix of breakout charts and liquidations has made Dash today’s main event.
Tracking Dash shorts in real time, I saw over $13M get wiped out as the price ripped higher. Most pain landed on bears, with short liquidations outweighing longs on every timeframe. In just 24 hours, Dash traders faced $7.26M total liquidations, as $6.03M from shorts dominated.
This was not random, the squeeze stretched across 12 hours and $5.19M), with shorts taking $4.48M losses. The biggest clearing house was Binance, with $1.10B volume. CoinGlass data shows a market caught in a stampede, where failed bets get punished hard.
Dash price is trading at $144.22, pumping 63.83% in a single day and hitting a 7-day gain of 194%. The short squeeze drove the price straight through prior resistance at $90 and then $130, validating a dramatic breakout. Technically, the breakout torched a 968-day downtrend, turning Dash into the fastest mover on the privacy coin chart.
Successively, the RSI on the 4-hour chart stands at 82.49, deep in overbought territory, signaling risk of a near-term pullback. Recent candles show price clipping a 24-hour high at $148.98 before retreating, with visible volatility spikes. Moreover, the Bollinger Bands are wide, indicating high volatility after consolidation.
That being said, key resistances sit at $140 and next at $159.95, while $90 and $59.76 represent immediate support zones. Dash market volume is concentrated on Binance ($1.1B), which can amplify price swings if whales rotate positions. If RSI remains elevated, a further squeeze is possible, but the risk of a sharp correction cannot be ignored.
Dash soared on privacy coin sector momentum, a bullish breakout above long-term resistance, and $13M in short liquidations that triggered further upside moves.
Yes. The current RSI at 82.49 suggests Dash is very overbought, and sharp volatility may trigger a pullback, especially if short-term traders take profits at resistance.
Major resistance sits at $140 and $159.95. Immediate supports rest at $90.06 and $59.76. Break below support could invite heavier selling or fresh liquidations.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
XRP is trading near the $2 level, but something bigger than daily price movement is…
Bitcoin is approaching an important price area, where the next move could set the tone…
Ethereum’s biggest risk may no longer be competition, regulation, or scaling. According to Vitalik Buterin,…
XRP has started 2026 with strong price gains, rising more than 20% so far this…
XRP Price Prediction headlines are back in focus this week as the wider market reacts…
The Bitcoin price is again testing the nerves of investors as it nears the psychological…
