Key Highlights:
- Dash experiences a pullback after a 122% weekly surge.
- Zcash is outperforming Dash due to strong institutional interest.
- Dash’s long-term trend remain intact.
Dash (DASH) has experienced a great pullback in the last 24 hours, which cools off the parabolic monthly gain of 122% in the last week. This correction reflects a combination of profit taking, overheated technicals and broader altcoin weakness as risk sentiment across crypto markets deteriorated.
All of this is happening right after the token surged and hit $147.86 yesterday, November 5, 2025. This is the first time that the DASH token was able to hit this mark since 2021. Even though there have been fresh listings of this token and bullish long-term projections, traders appear to be locking in gains from a rally that pushed Dash’s price up more than threefold in 30 days.
At press time, the price of the token stands at $105.21 with a dip of 4.96% in the last 24 hours as per CoinMarketCap.
Profit-Taking After a Parabolic Rally
Dash’s rise in the recent weeks triggered a classic correction pattern that is very familiar to long-term market watcher. Traders saw opportunity and seized profits after a surge, with on-chain data showing whale wallets (holding about 37% of DASH supply) unloading positions into the rally. The resulting sell pressure coincided with a 35% decline in 24-hour trading volume to $1.02 billion, signalling waning buyer enthusiasm.
The drop in the price came after $13 million worth of leveraged short positions were liquidated earlier this week, As the price shot up quickly, traders betting against the asset were forced to exit their trades. Analysts say that when the prices rise a little too quickly, it usually brings in-short term speculators and that money usually disappears just as fast when the momentum slows down. The important support level right now is around $100. If the price falls below this, it could drop further toward $85, which is the next support zone.
Technical Exhaustion Curbs Momentum
Technical indicators also indicate that the rally is slowing down. The token’s 14-day RSI touched 73.7, which indicates that the assets are overbought and the MACD histogram has started to shrink, which means that the bullish momentum is slowing down. DASH also dropped back below 23.6% Fibonacci retracement level at $120.56 which suggests profit-taking near that price.
However, the bigger trend still looks positive. DASH’s 30-day moving average is way below the current price at $53.38. This indicates that the market may just be cooling off instead of reversing directions. In the past, DASH has usually paused after high RSI reading and then resumed its uptrend once the market settles.
Derivatives and DeFi Catalysts
Even with short-term selling pressure, recent developments could support Dash’s long-term outlook. On November 6, OKX introduced DASH/USDT perpetual futures with up to 50x leverage. This gives traders more access to the token. Higher leverage can make the price swings sharper, but it will also increase liquidity and overall trading activity, which is positive for long-term growth.
OKX 即将上线 $ZEC、$DASH 永续合约交易
DASHUSDT 合约交易开盘时间：2025 年 11 月 6 日上午 11:00
ZECUSDT 合约交易开盘时间：2025 年 11 月 6 日上午 11:15
详见👉🏻https://t.co/nwMeFjFTyb pic.twitter.com/lcRtc5DG84— OKX中文 (@okxchinese) November 6, 2025
Zcash Leads, Dash Cools Off
Zcash has outperformed Dash. The reason for the growing performance gap between Zcash and Dash mainly comes down to the type of money flowing in. Zcash is currently receiving strong institutional inflows through Grayscale’s Zcash Trust, backed by fresh catalysts like Zashi wallet launch and its integration with Solana. This attracts bigger, longer-term capital and keeps demand steady.
Dash, meanwhile, did rally but most of that move was driven by retail speculation. Without institutional backing, the rally became vulnerable to profit-taking and technical exhaustion. So while both are privacy coins with solid fundamentals Zcash is benefitting from institutional momentum and new development milestones, whereas Dash is cooling off after a speculative run.
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