The post Mapping DASH’s 15% rally – $100 comes next only if THIS holds appeared on BitcoinEthereumNews.com. Dash [DASH] surged more than 15% in 24 hours to aroundThe post Mapping DASH’s 15% rally – $100 comes next only if THIS holds appeared on BitcoinEthereumNews.com. Dash [DASH] surged more than 15% in 24 hours to around

Mapping DASH’s 15% rally – $100 comes next only if THIS holds

Dash [DASH] surged more than 15% in 24 hours to around $93 at press time, extending its rally after confirming integration with AEON Pay and firmly reclaiming the $90 zone. 

The sharp advance reflected more than short-term speculation, as expanding real-world utility underpinned demand. 

AEON Pay has already processed roughly 994,000 transactions worth over $29 million across a network reaching nearly 50 million merchants, strengthening Dash’s payments narrative. 

As a result, buyers stepped in with conviction, driving the price cleanly through former resistance. Momentum accelerated rather than stalled, indicating acceptance at higher levels for DASH prices.

A breakout candle resets Dash’s structure

Dash delivered a decisive structural shift after ripping through the $80 resistance and reclaiming the $90–$95 zone, an area that previously capped upside attempts. 

The daily candle expanded aggressively, slicing through prior supply and signaling strong buyer urgency rather than gradual accumulation. 

Importantly, price now trades above the former breakdown region near $80, turning it into a clear support base. 

Momentum also aligns with indicators, as the MACD has flipped firmly bullish, with the signal line crossing higher and histogram bars expanding into positive territory. The combination reflects accelerating upside momentum, not exhaustion. 

With structure repaired and momentum strengthening, price now naturally gravitates toward the $100 psychological level, while a sustained hold above it opens a clean technical path toward the $120 resistance. 

Source: TradingView

Open Interest confirms aggressive upside positioning

At press time, Open Interest (OI) jumped by over 20%, climbing to roughly $199.5 million as Dash accelerated higher. This increase reflects fresh positioning, not just short covering. 

Traders actively opened new exposure in favor of continuation, reinforcing trend strength. Moreover, OI expanded alongside price, which typically signals healthy participation. 

Conversely, weak rallies often show falling OI, yet Dash avoided that trap. As leverage aligned with direction, confidence grew across derivatives markets. 

Furthermore, positioning appeared orderly rather than euphoric, suggesting room for extension. As a result, price action gained durability instead of fragility. 

With capital committing aggressively but rationally, the market structure supports sustained upside rather than an immediate exhaustion move.

Source: CoinGlass

On-chain engagement quietly turns constructive

Dash’s DeFi Total Value Locked edged higher to about $207,655, at press time, marking a daily increase of over 9%. 

While modest in absolute terms, the direction matters. On-chain engagement often lags price, yet Dash showed early signs of ecosystem reactivation. 

Moreover, rising TVL alongside price strength supports a utility-driven narrative. Participants did not merely chase candles; they interacted with the network. 

Additionally, improving on-chain metrics reduces the risk of purely speculative blow-offs. Therefore, this growth adds a secondary layer of confirmation beneath the rally.

As adoption headlines circulate and usage inches higher, Dash strengthens its broader demand base. That combination often sustains momentum beyond the initial breakout phase.

Source: DefiLlama

Shorts flushed as downside pressure collapses

Liquidation data revealed a clear imbalance favoring bulls. Over $3.11 million in short positions vanished, while only about $604,000 in longs closed forcibly. 

The disparity shows that bears lost control decisively. As shorts exited rapidly, forced buying accelerated the move higher. 

Besides, longs remained largely intact, which reduced downside instability. This dynamic matters because rallies supported by short dominance often persist. 

Additionally, limited long stress suggests leverage aligned correctly with the trend direction. Consequently, the price did not stall after the squeeze. 

Instead, momentum stabilized above key levels. With bearish pressure removed and bullish positioning preserved, Dash gained room to build rather than retrace sharply.

Source: CoinGlass

Can Dash extend toward $100 next?

Dash answered the adoption question convincingly by breaking above $90 with strength, structure, and participation aligned. 

Utility expansion, rising OI, improving on-chain signals, and dominant short liquidations all point in one direction. If buyers defend the $90 area, the $100 psychological level becomes a realistic next magnet.


Final Thoughts

  • Dash’s breakout above $90 signals strong structural repair and sets the stage for a $100 test.
  • Rising utility, healthy positioning, and flushed shorts support sustained upside momentum rather than a fragile rally.
Next: Why Wall Street says ‘no bill is better than a bad U.S. crypto bill’

Source: https://ambcrypto.com/mapping-dashs-15-rally-100-comes-next-only-if-this-holds/

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