DASH price posted a sharp daily increase, trading around $45 after rising more than 14% in 24 hours. Trading activity accelerated alongside price, pushing Dash coin into the top gainers list among major assets.
The immediate market focus now sits between rising short-term momentum and a still-negative one-month performance, while a widely followed analyst continues to flag a significantly higher technical breakout target.
Analyst Maps Breakout Target at $397.26
Dash’s move comes with a clear expansion in participation. The 24-hour volume reached $164.33 million, a 147.53% increase, while the market cap rose to $561.65 million, mirroring the price trend. A volume-to-market-cap ratio near 29% indicates active trading relative to size, driven by participant activity rather than low liquidity.
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DASH Crypto was among the Top Crypto Gainers, with a 24-hour increase of +14.34%, showing its strength compared to other cryptocurrencies.
Looking at different timeframes, DASH is recovering but remains volatile. TradingView shows a 14% gain for the day and 14.57% for the week, but it is still down 36.82% over the past month. Over six months, though, it is up 117.38%. This recent rise comes after a big drop, which still affects how traders feel and act.
Popular cryptocurrency analyst Javon Marks reiterated a high-range technical objective, stating, “$DASH remains here with a breakout target over 741% away at the $397.26 level.” In a prior post, he added “Target @ $397.26 (Over +507% Upside).”
Both comments point to $397.26 as the breakout target. The difference in upside percentage is due to changes in the spot price at the time each comment was made. The analysis is based on a long-term technical pattern shown in the chart, which highlights a long downtrend, a period of stability, and then a move higher.
With DASH trading around $45, the $397.26 target remains far away and is not an immediate resistance level. For this scenario to stay possible, the price would need to keep rising steadily.
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