{"id":14979,"date":"2025-11-02T16:43:16","date_gmt":"2025-11-02T16:43:16","guid":{"rendered":"https:\/\/bitunikey.com\/news\/why-dash-price-is-going-parabolic-today\/"},"modified":"2025-11-02T16:43:20","modified_gmt":"2025-11-02T16:43:20","slug":"why-dash-price-is-going-parabolic-today","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/why-dash-price-is-going-parabolic-today\/","title":{"rendered":"Why Dash price is going parabolic today"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Dash price has gone parabolic over the past few days, reaching its highest level since May 22 as demand for privacy tokens jumped.\u00a0<\/p>\n<div id=\"cn-block-summary-block_2bcaba40e079a9dfebfc7845377a47c8\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Dash crypto price has gone parabolic and reached its 2022 highs.<\/li>\n<li>Its surge coincided with the ongoing demand for privacy tokens.<\/li>\n<li>The token also jumped as it moved to the markup phase of the Elliot Wave.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Dash (DASH) token rose to a high of $92, up sharply from the year-to-date low of $18. This surge has brought its market cap to over $1.12 billion.<\/p>\n<p>Dash price jumped in a high-volume environment. Its spot-market volume jumped 193% to $1 billion, its highest level in months.<\/p>\n<p>More data shows that its futures open interest has been in a strong uptrend. It jumped to a record high of $33 million, up sharply from the year-to-date low of less than $8 million. Soaring open interest is a sign of robust demand.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Dash price also jumped amid rising shorts liquidations. Short trades worth over $1.8 million were liquidated on Nov. 2 after $2.14 million a day earlier.\u00a0<\/p>\n<p>This performance is happening as investors pile into privacy tokens. A good example of this is Zcash (ZEC), which has gone parabolic in the past few weeks as it jumped from below $50 to almost $400.\u00a0<\/p>\n<p>Dash offers a unique approach to ensure transaction privacy. It has regular miners who validate transactions and secure transactions. It also has Masternodes that perform advanced functions like InstaSend and PrivateSend.<\/p>\n<p>InstaSend allows near-instant transactions by locking inputs through masternode, while PrivateSend offers privacy by mixing coins through a decentralized process.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Dash price technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Dash price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The weekly chart shows that the Dash price has remained in a tight range in the past two years. It has remained inside the important support and resistance levels at $19.50 and $74.65.\u00a0<\/p>\n<p>Therefore, the ongoing recovery indicates that the coin has entered the markup phase of Wyckoff Theory after spending three years in the accumulation stage.\u00a0<\/p>\n<p>Dash crypto price has moved above the key resistance level at $74.65 and the 50-week moving average. Therefore, the token will likely continue rising as this breakout triggers the Fear of Missing Out (FOMO) among investors. Such a move may push it to the psychological point at $100.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dash price has gone parabolic over the past few days, reaching its highest level since May 22 as demand for privacy tokens jumped.\u00a0 Summary Dash crypto price has gone parabolic&hellip;<\/p>\n","protected":false},"author":1,"featured_media":14980,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=14979"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14979\/revisions"}],"predecessor-version":[{"id":14981,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/14979\/revisions\/14981"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/14980"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=14979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=14979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=14979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}