DASH, on the 1D chart, has established a strong bullish reversal pattern after a long period of downtrend. There is a strong, impulsive move above historical resistance levels. This indicates a market structure change. The market is strongly bullish; however, the price is overbought. This indicates that the market may see some consolidation.
The chart highlights major support at $60.66, now a critical bullish invalidation level, with deeper support near $53.02. Immediate support lies around $85.77, acting as the first pullback zone. Current resistance is near $93–$95, while higher chart targets are clearly marked at $126.04 and $175.95 ahead.
If the chart shows acceptance above $95, the primary upside target is $126, followed by an extended target near $176 based on historical resistance. A pullback holding above $60.66 keeps the bullish structure intact and healthy. Only a daily close below this level would invalidate the chart’s bullish target scenario.
Also Read: Sui, Dash, Tradecurve Price Forecast for July: Which Crypto Will 10X
Dash Momentum Remains Bullish
The RSI for the week is approximately 67.89, with the signal average close to 60.43. This indicates that the market is strongly bullish without reaching the overbought region. An RSI above 60 is a positive indication of the strength of the market and the control of the buying pressure. In the past, the token market has been able to go higher from this region before the RSI rises above 70.
The MACD forms a bullish pattern with a MACD line of approximately 7.15, a signal line of about 6.61, and a positive histogram of nearly 0.53. Although it is positive, a declining histogram suggests that momentum is slowing down. It is not a complete reversal of a bearish trend.
AEON Partnership Expands Real-World Utility
Dash is now accepted at 50 million merchants globally through a partnership with AEON, a payment and settlement solution for the AI Economy. The partnership will facilitate private and instant token transactions on AEON’s network, which reaches Southeast Asia, Africa, and Latin America.
Dash can now be used for online and offline payments via AEON Pay, including retail, dining, and services, with QR-based crypto checkout and fiat settlement. Accessible through the Telegram Mini App and major wallets, this partnership accelerates the token’s mission towards worldwide mass adoption as digital cash.
Also Read: Dash Price Rally Alert: DASH Eyes $52–$130 in Coming Weeks
