Dash Is Deteriorating
Dash (DSH) is trading flat at $45.03 this week, underperforming the broader crypto market as Bitcoin (BTC) climbs 4.4% to $107,179, approaching its all-time high of $107,773. While Dash showed initial strength on Monday, its rally was short-lived, following a sharp 44% correction to $40.06 between 5th and 10th December.
Last week, Dash attempted to break above the $50.00 resistance level but failed to sustain momentum. Unlike other altcoins, Dash appears unresponsive to Bitcoin’s push towards new highs, which may reflect its substantial 222.0% rally in November.
The altcoin has yet to establish a clear resistance within its current uptrend, making it difficult to identify precise upside targets or potential entry points at this stage. For now, Dash remains in search of a defined structure to support further gains.
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