Dig Munn

Dash ends a three-year bearish cycle after breaking its descending trendline from the 2021 peak near $500.

The asset trades around $111 with strong volume and an overbought RSI, showing short-term correction risk.

Javon Marks identifies major checkpoints at $150, $200, and $300, showing a long-term move toward $597.26.


Dash (DASH) has recently demonstrated strong market activity after years of subdued performance. According to analyst Javon Marks, the cryptocurrency has shown “insane strength” following a decisive breakout from a multi-year descending structure. The analysis, based on the data extracted from Coinbase, places the long-term target at $597.26, representing a potential 279% gain from recent levels.

Mark’s observation indicates that Dash has ended a long bearish phase that began after its 2021 peak near $500 and lasted for about three years until early 2024.
A Shift from Prolonged Downtrend to Structural Breakout

From 2021 to 2024, Dash kept a lower move, therefore creating a downtrend with smaller highs and lows every time. During this period, its price dropped between $30 and $35; however, buyers started to step in.

This long decline reversed, showing an open shift from a bearish to a bullish state. After breaking out of that pattern, Dash’s price began rising quickly, showing stronger market activity and a renewed interest from traders.

Source: Javon Mask

This transition was supported by increased momentum and trading volume, which was followed by a move from the lower accumulation range around $100–$110. The shift marks the end of a lengthy consolidation phase, opening the possibility for extended upward continuation.

Current Market Conditions and Momentum Indicators

Recent data from Binance says Dash was trading at $111.25, a 8.15% decline. Prices ranged between $100.00 and $123.90, with trading volume reaching 1.48 million DASH. 

Source: Crypto Rank 

The MACD indicator showed a positive divergence, with the MACD line at 17.87 and the signal line at 10.31. This confirms strong bullish momentum. However, the wide gap between the lines suggests an overextended move that may cool in the short term.

The RSI reading of 78.88 indicates that the dash is in an overbought phase, with temporary exhaustion following the high rise. In mid-2025, RSI values had remained neutral between 40 and 60 before the current surge occurred.

Key Levels and Potential Market Direction

Dash has established immediate support around $100 and $85; however, resistance levels are nearing $125 and $150. Analysts observed that the asset’s breakout from the $25–$40 range confirmed a structural change in trend.

Notably, Marks identified psychological checkpoints at $150, $200, and $300, with a potential long-term move toward $597.26 if the bullish setup remains intact.

In the short term, continued buying pressure could extend the current advance toward $140–$180, while any pullback may be seen in lower zones for stability. If prices remain above $85–$100, Dash could maintain before targeting higher resistance areas.

The post Dash Breaks Multi-Year Downtrend, Analyst Sees 279% Upside appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

$DASH
{spot}(DASHUSDT)

{future}(DASHUSDT)
This projection is based on VWAP and the Z-Score of VWAPs, which are the tools that give my analysis its precision and edge. 📊

The main analysis was performed on the 1-month candle chart, allowing me to capture the broader market context and identify key levels for potential growth.

What makes this approach unique is the combination of multi-timeframe VWAPs and Z-Score, enabling me to spot high-probability moves and better understand market structure compared to standard methods.

The chart indicates a potential rebound from current support, aiming for a target around $218.24, representing a +126% upside from recent lows.