DASH, a leading altcoin, has surged over 10% in the past 24 hours, climbing from $40.20 to $44.44. This significant rise comes as Bitcoin's price remains relatively stable, with a modest gain of just 0.14% during the same period. The bullish momentum in DASH is supported by technical indicators, which highlight a potential target of $50.40.
Despite the positive outlook, analysts caution that strong resistance exists above $52.50. Traders are advised to consider taking profits and to be wary of overexposure in the current market conditions.
DASH Jumps Over 10% as Bitcoin Stagnates
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