Recently, DASH's price movement has been quite interesting. Here, we let the data speak, not just pure emotional hype.



From on-chain data, the net spot inflow over the past week reached 230 million, what does this number reflect? Large investors are buying aggressively. More importantly, the number of large withdrawal orders increased by 47%, indicating that these funds are not used for short-term trading on exchanges but are transferred into self-custody wallets for long-term holding. This behavior usually signals that participants are confident in the medium-term outlook.

Technical analysis cannot be ignored. The weekly MACD has just completed a golden cross, and the monthly chart shows a standard bullish alignment. Historically, this pattern typically indicates at least 120% upside potential, and we are only just getting on board.

The fundamentals are heating up. DASH recently partnered with M-Pesa, Africa's largest payment platform, with over 2,000 merchants onboarded. This is not a vague plan but a real-world application. In key markets, this essential payment demand is directly driving growth.

Market sentiment also warrants attention. Bitcoin is currently sideways, with short-term funds flowing into the privacy coin sector. As a leading privacy coin, DASH's market share in the sector continues to rise, naturally benefiting from this trend.

On the short side, resistance is almost negligible. Currently, short positions account for only 18%. Those who missed out are waiting for a pullback to buy the dip, which means the momentum for a deep correction is actually limited.

The current price is $85. Once it breaks through $90, reaching $100+ is not a dream. Those interested can consider a light position, with a stop-loss set at $80.
DASH40,88%
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OffchainWinnervip
· 6h ago
Large traders are transferring wallets, this signal is indeed interesting, it seems it's not short-term hot money. Enter with a small position, set a stop loss at 80, just afraid that during the pullback, panic selling will start again. Did M-Pesa really land? Or is it just another paper story? The golden cross + bullish alignment combo has indeed led to a bull in history, but we can't rely solely on technical analysis. Bearish sentiment is only at 18%, missing out is really making people anxious, and this is when it's easiest to get crushed. Is it better to buy now at 85, or wait and see? It feels too smooth, which makes it seem a bit fake. Recently, the privacy coin sector has indeed been hot, but regulatory risks are always hanging overhead. If this wave really hits 100+, those who got in early can consider taking profits in batches. The data is stacked beautifully, but it feels like there's a lack of bearish perspective analysis—maybe a bit one-sided.
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SatoshiSherpavip
· 6h ago
Data is data, but are those 2,000 merchants on M-Pesa really being used by people? That's the key.
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GateUser-a5fa8bd0vip
· 6h ago
The data is so straightforward; big investors have already bought quietly long ago. What are we still hesitating about?
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ContractBugHuntervip
· 6h ago
The data is indeed impressive, but can M-Pesa really be implemented, or is it just another concept hype? We'll have to wait a few months to find out.
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DefiEngineerJackvip
· 7h ago
ngl the M-Pesa integration is actually™ the non-trivial part here, rest is just technical theater
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