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DASH Battles at Key Support as Traders Watch for $100 Comeback
DASH Battles at Key Support as Traders Watch for $100 Comeback
DASH News -
DASH is under intensified selling pressure as it tests a multi-year support zone, currently trading at $48.33—a 12.12% decline over the last 24 hours. Liquidity has surged paradoxically, with volume spiking 102.1% to $205.6 million, indicating heightened speculative activity.
The token's six-year descending channel remains intact, with resistance firmly established between $100 and $150. Analysts note a potential reversal if weekly closes hold above $80, but current momentum suggests lingering downside risks.
Market forecasts for 2025 tentatively project a rebound toward $100, contingent on broader altcoin sentiment stabilizing. The 17.78% weekly decline underscores persistent bearish pressure across mid-cap cryptocurrencies.
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