Privacy coins are quietly leading again today. $ZEC is up about 5.6% and $DASH about 5.7% while Bitcoin drifts near $80,600, up less than 1%.
I'm watching $DASH because its chart is compressing, not running: $54.19 has turned price back twice now — first as a failed bounce, then again on today's push — while the floor has lifted from $48.78 to $51.84. A rising floor under a flat ceiling is a decision forming, not a trend confirmed.
DASH is the payments coin that led October's privacy rotation, so this isn't a new narrative — it's the same trade coiling again. The risk is the obvious one: two rejections at one level can also be distribution, and a coin up 125% in early October can unwind fast if the floor gives way.
Resistance sits at $54.19; support at $51.84. A 4-hour close above $54.19 puts $55.98 back in play, while a close under $51.84 re-opens $48.78.
Keep $54.19 and $51.84 on your screen — which one gives way first?
Not financial advice.
$DASH #CryptoMarkets #Dash #PrivacyCoins #Breakout #Zcash
I'm watching $DASH because its chart is compressing, not running: $54.19 has turned price back twice now — first as a failed bounce, then again on today's push — while the floor has lifted from $48.78 to $51.84. A rising floor under a flat ceiling is a decision forming, not a trend confirmed.
DASH is the payments coin that led October's privacy rotation, so this isn't a new narrative — it's the same trade coiling again. The risk is the obvious one: two rejections at one level can also be distribution, and a coin up 125% in early October can unwind fast if the floor gives way.
Resistance sits at $54.19; support at $51.84. A 4-hour close above $54.19 puts $55.98 back in play, while a close under $51.84 re-opens $48.78.
Keep $54.19 and $51.84 on your screen — which one gives way first?
Not financial advice.
$DASH #CryptoMarkets #Dash #PrivacyCoins #Breakout #Zcash
