DASH Strengthens as Interest in Privacy Altcoins Rises; Key Resistance at $90–$149
DASH has regained upward momentum amid a broader surge in privacy-focused altcoins following earlier moves in ZEC and Monero. DASH recently tested the $90 resistance zone; if $90 flips to support, targets cited are $104, $121 and $149, with downside supports at $72 and $60 in case of profit-taking. Analysts note that BTC’s direction—affected by upcoming macro events such as PCE data, Japan rate decisions and key court rulings—could determine DASH’s trajectory. Bullish scenarios include BTC breaking the $98,000 resistance (article likely meant $98k for BTC quoted), which could help DASH challenge $149 and long-term targets up to $171–$200 if weekly bullish structure holds and DASH stays above $80. The piece cautions on market unpredictability and reiterates standard investment risk disclaimers.
Bullish
The article frames DASH’s recent price action as a renewed upward trend anchored on reclaiming $90. A clear list of upside targets ($104, $121, $149, and long-term $171–$200) and the suggestion that continued Bitcoin strength could propel DASH higher supports a bullish classification. Historically, privacy-focused altcoins have outperformed during cyclical altcoin rallies when BTC stabilizes or breaks key resistance; examples include ZEC and XMR rallies that preceded rotation into other privacy tokens. Short-term, traders should watch BTC’s reaction to macro events and whether DASH can flip $90 to support—this will determine whether momentum-driven entries are viable or if risk-off leads to tests of $72–$60. Long-term bullish case depends on sustained altcoin season dynamics and renewed risk appetite; failure of BTC to hold critical levels would negate the bullish thesis and produce downside pressure.