Will DASH Rise or Fall? January 23, 2026 Scenario Analysis
DASH/USDT
$292,448,023.48
$68.40 / $62.31
Change: $6.09 (9.77%)
+0.0014%
Longs pay
DASH, with a strong %7,98 rise in the last 24 hours, reached the $69,82 level while maintaining its short-term uptrend, facing the critical resistance around $73. Due to mixed signals (MACD bullish, Supertrend bearish), both breakout and pullback scenarios are equally likely; traders should be prepared for both directions.
Current Market Situation
DASH is trading in the $62,31 - $72,98 range and has stabilized at $69,82. 24-hour volume of $422,44M is supportive, but despite the overall uptrend, Supertrend is giving a bearish signal (resistance $96,37). RSI at 59,20 is in the neutral zone, MACD shows a positive histogram, and price is above EMA20 ($61,82). Critical supports are $62,26 (strength:72/100) and $53,58 (65/100); resistances are $73,15 (70/100), $84,72 (68/100), and $106,08 (62/100). 12 strong levels detected across multiple timeframes (1D/3D/1W): 2 supports/3 resistances on 1D, 2S/1R on 3D, 3S/4R on 1W. This structure indicates consolidation at a decision point.
Scenario 1: Upside Scenario
How Does This Scenario Occur?
The upside scenario is triggered by the price breaking above the $73,15 resistance with increased volume and closing above it. This breakout strengthens the short-term EMA20 and boosts MACD momentum. To watch: RSI not giving an overbought signal before approaching 70, and Supertrend turning green. Positive divergence from BTC (rise in DASH BTC pair) would also be supportive. In this scenario, MTF resistances are tested sequentially; invalidation is a daily close below $62,26 support.
Target Levels
First target $84,72 (approx. %21 gain), then $96,37 Supertrend resistance and $106,08. Long-term bull target $150,00 (score:28/100), derived from Fibonacci extensions and historical highs. R/R ratio around 1:3 from current levels, but volume confirmation is required.
Scenario 2: Downside Scenario
Risk Factors
The downside scenario begins with rejection at $73,15 resistance and a drop below $69; this strengthens the Supertrend bearish signal. MACD histogram turning below zero and RSI slipping below 50 are triggers. Declining volume or deepening BTC downtrend (e.g., break below $88K) pressures DASH. Dense resistance in MTF (7R vs 7S) increases pullback risk; invalidation is a close above $73,15.
Protection Levels
First protection $62,26 (strong support, %11 drop), if broken then $53,58 (%23 loss). Deeper levels derived from MTF supports (1W/3D); bearish targets are negative but in practice, the $50 psychological zone is watched. Stop-losses should be positioned 1-2% below supports.
Which Scenario to Watch?
The decision hinges on the $73,15 breakout or rejection: Voluminous breakout triggers bull, high-body red candle triggers bear. Confirmation signals: 4H closes, volume profile, and OBV divergence. RSI 60+ indicates bull tendency, 50- bear. Traders should monitor invalidation levels in each scenario (below $62,26 for bull; above $73,15 for bear), and size positions according to R/R. Detailed charts can be followed on the DASH Spot Analysis and DASH Futures Analysis pages.
Bitcoin Correlation
DASH is highly correlated with BTC (%0,85+); BTC is in downtrend at $90,686 with Supertrend bearish. If BTC supports at $88,379 / $86,644 break, synchronous downside expected in DASH, increasing risk for altcoins. Conversely, if BTC breaks above $90,901 resistance, DASH bull scenario strengthens. BTC dominance rise suppresses DASH, while decline can trigger alt season – BTC levels are a mandatory monitoring element in DASH analysis.
Conclusion and Monitoring Notes
DASH is balanced at critical resistance; both scenarios supported by technical data. Monitoring points: $73,15 (main trigger), $62,26 (bull invalidation), BTC $88K (correlation risk). Check daily/4H charts, volume, and indicator divergences. This analysis encourages your own research – market is volatile, prioritize risk management.
This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.
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