Over the last day, the DASH active showed significant growth, rising by 20% and reaching a local maximum around $78, after which the price is consolidating near the level of $75–76. The market demonstrates an increased interest from buyers, which is evident in both the volume and technical indicators.
1. Current situation on the chart
Last price: 75.47$XRP
24h maximum: 78.01$
24h minimum: 61.31$
24h volume: 220.85M USDT
Liquidations of longs below: 68.7$ — an important level that traders actively defend.
After the impulsive move from 65$ → 78$, the price made the expected pullback to the support zone of 72–73$, after which it returned to growth.
2. Technical indicators
RSI (6): 67
The index is approaching the overbought zone, but is not yet at a critical value of 70+. This allows room for a potential breakout of 78$.
MACD shows:
DIF above DEA.
The histogram is entering the green sector.
Signal for continuation of the upward impulse.
MA(5) and MA(10):
Short moving averages are pointing upwards.
The price is trading above both, indicating trend preservation.
3. Key levels
Support:
73.00$ — the main zone for buyers
70.20$ — average support
65.30$ — deep support, from where the impulse began
Resistance:
76.00–78.00$ — a critical level where sellers have already dumped the market twice
Breaking this zone opens the way to:
82$
85$
Potentially even 90$ at high volume
4. Movement scenarios
Bullish scenario (more likely):
Consolidation above 75$
Breakout 76–78$
Targets: 80$ → 82$ → 85$
Implementation conditions:
Support RSI below 72
Volume increase on breakout
Bearish scenario:
Bounce from 76–78$ and fixation downwards
Drop to 73$
If the support does not hold — move to 70$
Implementation conditions:
Decrease in volume, red candles at peaks
MACD is turning downwards
5. Overall conclusion
The DASH market is currently demonstrating a healthy upward trend, with strong buyer interest.
The key point — will the price be able to break the barrier of 78$?
If so — a new wave of growth will begin. If not — expect a short-term pullback.
