DASH coin lead privacy coins rally as broader crypto market bleeds

DASH coin leads privacy coins

  • DASH price surges over 150% as privacy coins attract renewed investor demand.
  • Aster DEX listing has boosted DASH liquidity and trading volume sharply.
  • Bulls now eye $150 target if DASH holds above the key $100–$120 support zone.

While the broader cryptocurrency market struggles under heavy selling pressure, DASH coin has emerged as an unlikely leader, staging one of the most remarkable comebacks in recent months.

The privacy-focused coin has surged more than 49% in the past 24 hours and over 150% in the past week, defying the downturn that has gripped most major coins.

Renewed investor interest in privacy coins, exchange listings, and strong technical momentum have all helped fuel DASH’s latest explosive rally.

Privacy demand ignites a surging DASH coin price

As Bitcoin and other leading assets face growing regulatory scrutiny, investors have increasingly turned to privacy coins such as DASH, Monero, and Zcash.

This shift in sentiment comes as governments prepare to tighten transparency and reporting standards ahead of 2026, prompting traders to seek digital assets with built-in privacy features.

DASH’s optional “PrivateSend” feature has drawn attention from long-term holders who view it as a hedge against excessive surveillance.

Notably, the privacy narrative has grown stronger in recent weeks, with capital rotation clearly visible in market flows.

Alongside Monero’s 23% and Zcash’s 26% gains, DASH’s performance stands out as investors pour into assets that promise discretion in transactions.

Adding to the bullish momentum, DASH coin was recently listed on Aster DEX, a decentralised exchange backed by Binance.

The listing introduced 5x leveraged perpetual trading, dramatically increasing liquidity and visibility for the coin.

Trading volume skyrocketed to over $2 billion in 24 hours, up 156% from the previous day, while open interest in derivatives surpassed $100 million — the highest level in years.

This surge in speculative activity signalled not only renewed trader confidence but also growing belief in DASH’s longer-term value proposition.

Breakout confirms technical reversal

From a technical perspective, DASH has broken out of a prolonged 968-day downtrend, climbing from the $50 region to above $130.

All major exponential moving averages (EMAs) — the 20, 50, 100, and 200 EMAs — are now aligned in bullish formation, confirming a strong uptrend.

Momentum indicators, however, suggest caution.

The relative strength index (RSI) recently peaked above 93, signalling overbought conditions after the coin’s parabolic rise.

DASH price analysis
DASH coin price chart: Source: CoinMarketCap

Despite this, the $100 to $120 range is viewed as a critical support zone. If bulls can defend this level, DASH could extend its rally toward $150 and possibly $170–$180 in the near term.

Conversely, a drop below $100 may invite profit-taking and push the price toward $85–$90, areas that coincide with key Fibonacci retracement levels.

Whale accumulation has also played a significant role in the latest surge.

According to Illia Otychenko, a lead analyst at CEX.IO, the top 100 DASH wallets now hold nearly 37% of the total supply — the highest concentration in a decade.

This accumulation trend reflects growing confidence among large holders that the coin’s revival could mark the beginning of a longer bull cycle.

Market sentiment remains bullish but fragile

Despite the overheated indicators, the overall sentiment around DASH remains firmly bullish.

The coin’s rally has been supported by broader momentum within the privacy coin sector, rising derivatives activity, and expanding cross-chain integrations through the Maya Protocol.

On-chain inflows recently hit a multi-month high of $4.2 million, suggesting a fresh wave of accumulation and renewed faith in the project’s fundamentals.

However, the broader market backdrop remains uncertain. Bitcoin’s 17% monthly drop and a crypto fear index reading of 27 underline the cautious mood across digital assets.

For DASH, holding above $120 in the coming sessions will be crucial to sustaining its breakout and confirming a trend reversal.

In the near term, traders should watch closely to see whether the DASH price can consolidate above $130 and turn resistance into support.

If the privacy narrative continues to attract capital and liquidity remains high across exchanges, DASH could retain its leadership among privacy coins even as the rest of the market struggles.

Source: https://coinjournal.net/news/dash-coin-lead-privacy-coins-rally-as-broader-crypto-market-bleeds/