DASH has experienced a remarkable 130% price surge in recent days, currently trading around $58. This rally follows a breakout from a key resistance zone between $24 and $25, marking the end of a prolonged sideways trading phase. The cryptocurrency's bullish momentum is supported by strong buying volume and increased trader confidence.
Technical indicators suggest further gains, with DASH potentially targeting $66 if the current momentum persists. The 200-day EMA is flattening, and previous resistance levels have turned into support. Additionally, whale activity and a rising Chaikin Money Flow indicator point to possible institutional involvement. However, a decline below $23 could lead to a short-term correction.
DASH Price Soars 130%, Targets $66 Amid Bullish Momentum
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