DASH Hits 3-Year High as Analysts See Potential Surge Above $100
Dash (DASH), a privacy-focused cryptocurrency, has surged greater than 65% over the previous week, reaching a three-year high yesterday.
As investor curiosity in privateness cash grows, analysts have issued bullish worth targets for DASH, with many projecting additional upside potential above $100.
Why Is DASH’s Price Surging?
According to BeInCrypto Markets knowledge, DASH, the fourth-largest privateness coin by market capitalization, has maintained an upward development over the previous month despite broader market challenges. During this era, the token’s worth has elevated by roughly 190%.
On November 2, DASH reached $96.9, marking its highest stage since May 2022. The transfer adopted DASH’s listing on Aster, a decentralized perpetual trade. The platform launched DASH perpetual buying and selling with as much as 5x leverage.
Typically, a brand new trade itemizing boosts a token’s visibility and liquidity, typically driving short-term worth positive factors and elevated buying and selling exercise. Nonetheless, DASH skilled a modest correction quickly after.
At the time of writing, the altcoin was trading at $84.9, representing a virtually 15% improve over the previous 24 hours. The rise has landed DASH among the many high each day gainers on CoinGecko.
DASH Price Prediction: Why Analysts Think The Coin Can Reach $100
Notably, neighborhood sentiment towards DASH stays constructive, with 82% of merchants expressing a bullish outlook on the token. This optimism can be mirrored in worth forecasts, as many merchants count on DASH to surpass the $100 level.
Analysts had earlier pointed to $71.64 as a key resistance stage for DASH. Since the token has already crossed this threshold, it may clear the way in which for a possible continuation towards the subsequent psychological targets round $100 and past.
“A each day shut above $71.64 can begin an enormous breakout. First purpose round $100, subsequent purpose close to $130,” an analyst projected.
Another analyst projects DASH to commerce between $100 and $140 within the close to time period, noting that sustained curiosity in privacy-focused cryptocurrencies may push the token as high as $250.
“DASH has proven that privateness doesn’t finish with ZCASH. The month began with a 100% transfer on the altcoin. They’re pumping it on expectations much like what occurred with ZEC,” ACXtrades added.
Meanwhile, DASH’s rally is a part of a broader momentum in privacy-focused cryptocurrencies. Privacy cash have been the best-performing sector within the cryptocurrency market in 2025.
According to the newest knowledge from Artemis, the sector has gained 186.8% this yr, even outpacing Bitcoin and Ethereum.
This momentum has been led by main tokens, such as Zcash (ZEC), which not too long ago crossed the $400 worth stage earlier than falling again. While the outlook for privateness coins remains strong, it stays to be seen whether or not this rally will proceed or fade away like different short-lived crypto narratives.
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