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DASH Confirms Falling Wedge Breakout, Setting Path for Upside Target around $146

DASH Confirms Falling Wedge Breakout, Setting Path for Upside Target around $146

2025-10-15

DASH

  • DASH surges over 15% in 24 hours amid renewed momentum.
  • Weekly gain nears 74%, reflecting strong market confidence.
  • Breakout from a five-year wedge signals long-term trend reversal.
  • Holding above $40 support could confirm a sustained bullish outlook.

DASH continues to gain traction as it rides a strong upward trajectory, extending its impressive rally. The token recorded a notable 15.42% increase in the past 24 hours, reinforcing its strengthening bullish sentiment. Over the last week, the token surged about 73.96%, signaling a sharp revival in investor activity.

At the time of writing, the token is trading at $51.54, supported by a market capitalization of $642.57 million, reflecting a 9.8% daily rise. Trading volume has increased by 6% to $231.68 million, reflecting stronger market participation and sustained buying demand.

Source: CoinMarketCap

Also Read: DASH Faces Pullback but Eyes $250 as Long-Term Reversal Pattern Strengthens

Market Performance Comparison from 2023 to 2025

DASH’s performance over the past three years paints a clear picture of shifting momentum. In 2023, the market maintained moderate stability, posting steady but unspectacular gains. The year featured alternating phases of short-term corrections and recoveries, closing on a balanced note.

In contrast, 2024 saw significant volatility with sharp fluctuations, especially during its first half. However, a strong rebound toward the year’s end helped the asset to recover much of its earlier losses. The landscape in 2025 has been more dramatic, as DASH displayed an extraordinary comeback.

Source: Cryptorank

After a weak start marked by consecutive declines, DASH has shown an extraordinary comeback, especially in October, outperforming all previous months from both 2023 and 2024. This rebound marks a shift from steady resilience to aggressive recovery, showing renewed investor interest in long-term accumulation.

DASH Breakout Confirms New Bullish Cycle Formation

Moreover, the crypto analyst Caption Faibik points out that DASH has sealed a breakout of a long-run-down wedge chart setup after a near five-year consolidatory period. A decisive crossing above the upper refusal line has been depicted on the weekly chart, signaling a key change in attitude.

The token is presently trading safely above the $41–$43 level that has developed prime support. Maintaining this level will be crucial to establishing the strength of the breakout. Initial resistance is around $58–$60, where a close could create a doorway towards $90. Long-term estimates indicate possible advances reaching towards $146 if the momentum sustains for the year 2026.

Source: @CryptoFaibik

A quick retest of lower levels of support may afford further accumulation ahead of the next bullish phase. DASH overall looks ready for a new bull cycle after years of oppression, and both technicals and sentiment look good for further upside if the market remains stable.

Also Read: Dash (DASH) Price Forecast: Bullish Breakout Signals Potential $40 Target

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