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DASH, the privacy-focused cryptocurrency, has declined by 7% in the last 24 hours and roughly 20% over the past week, signaling short-term bearish pressure as ofDASH, the privacy-focused cryptocurrency, has declined by 7% in the last 24 hours and roughly 20% over the past week, signaling short-term bearish pressure as of

DASH Declines 20% but Signals Suggest Potential Short-Term Upside

2026/01/22 13:30

DASH, the privacy-focused cryptocurrency, has declined by 7% in the last 24 hours and roughly 20% over the past week, signaling short-term bearish pressure as of January 21, 2026. Analysts and traders are monitoring the coin closely for signs of a potential rebound after this extended consolidation.

However, the crypto analyst, Rose Premium Signals, pointed out that the token is showing early signs of a potential rally, echoing its 2021 surge of +126%. Traders are now monitoring key resistance levels at $104.02, $120.37, and $135.80, signaling a possible renewed bullish trend for the cryptocurrency.

Source: X

While past performance does not guarantee future results, the traders who are watching DASH’s key resistance levels may identify short-term trading opportunities.

Also Read: Dash (DASH) Adoption Skyrockets, Technicals Hint at Potential $6,800 Rally

Dash Eyes Short-Term Upside After Extended Consolidation

DASH was relatively ranging between $20 and $35 from early 2024 to mid-2025, fluctuating at times above $40. A major rally in mid-2025 saw the price above $120, followed by a correction that saw the price retreat to the current level at $68.02, which is above the 20 and 50-week EMAs. This indicates that there is short-term bullish momentum, with the 200-week EMA providing resistance.

Source: TradingView

The Bollinger Bands during the period of consolidation from early 2024 to mid-2025 were tight because of low volatility during this period.

Then in mid-2025, a clear breakout occurred with a wider Bollinger Bands range because of the sharp rise in the price above various levels of EMA. After this point, a sharp correction to approximately $67 occurred before a subsequent recovery, which shows that this cryptocurrency market can be rather volatile.

Technical Indicators Suggest Improving Momentum

The technical indicators are generally optimistic. The Relative Strength Index (RSI) is at 59.03, which is moderately bullish but not overbought.

The MACD histogram is on the verge of becoming positive, which may be an indicator of a bullish crossover even though the MACD line (0.44843) is below the signal line (6.50814).

Source: TradingView

These signals, combined with historical trading patterns, make DASH a coin to watch for potential upside in the coming weeks.

Also Read: DASH Eyes $112 Rally After New Listings on Hyperliquid and Aster_Dex

Market Opportunity

DASH Price(DASH)

$55,86

$55,86$55,86

-4,95%

USD

DASH (DASH) Live Price Chart

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