Dash Price Surges as Sector Rotation Favors Privacy Coins: What’s Next?

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Dash (DASH) price latest rally marks a clear range breakout, confirmed by a sharp influx of trading volume, placing the rally firmly in the spotlight. 

As sector rotation was in play, DASH price rallied over 30% intraday, trading at $58.83. Following several weeks of price consolidation, DASH price escaped the range with a sharp breakout.

While the move is technically significant, its strength is better judged by how on-chain metrics behavior reacted to the surge.

DASH Price Outlook: Momentum Builds, But Structure Still Matters

From a technical standpoint, DASH’s price action reflects a range breakout followed by consolidation. This rapid price surge backed by trading volume rise, indicating that bulls have gained dominance.

Furthermore, a sign of trend reversal was witnessed as key EMAs turned positive. DASH price action signals a shift in short-term market sentiment as sector rotation may continue to push prices even higher ahead.

Furthermore, momentum indicators support this view. The daily RSI has moved into the bullish territory. It reveals potential continuation of bullishness may be seen ahead.

The Money Flow Index (MFI) started trending upwards, showing rising liquidity entering the market. Overall key indicators reinforce the directional strength. 

Also, short-term key EMAs have begun to slope upward, offering dynamic support beneath price. Amidst the sharp reversal, DASH price flipped its resistance zone of $50 into support level. If buying pressure continues, the DASH price may reach $70 towards the next supply zone. 

As long as DASH price holds the $50 level, the breakout structure remains intact. A dip below the $50 mark would shift the setup toward a profit booking scenario.

On-Chain Metrics Reflect Bullish Outlook

Derivatives data from Coinglass suggests that DASH’s price rally is being accompanied by growing market confidence. 

The Open Interest (OI) has surged 93% alongside a price surge of 30% in the intraday session, implying bullish positioning.

Beyond the derivatives data, capital flow data adds an important layer. Total Value Locked (TVL) remained positive, suggesting that the capital is flowing into the ecosystem. 

Taken together, OI surge, rising trading volume and TVL data point toward a rally driven by structured positioning rather than speculative excess. This setup keeps upside potential intact while limiting immediate downside risk.