Dash Is Likely to Rebound
Dash (DSH) is down 1.2% this week to $22.95, closely mirroring the broader market, where Bitcoin (BTC) remains neutral. Market sentiment worsened after Donald Trump announced tariffs on imported cars and auto parts, alongside reciprocal tariffs on global trade starting April 2. These developments have intensified pressure on risky assets, counteracting the Federal Reserve’s monetary easing efforts.
DSH tested support at $22.00 in early March, rebounding to $25.20 before retreating again. Historically, this level has triggered strong upward moves over the past two years, suggesting it could hold once more. If support remains intact, Dash may be poised for a rally toward $40.00.
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