DASH, the privacy-focused cryptocurrency, has soared more than 65% in the past week, hitting a three-year high yesterday.
Amid growing investor interest in privacy coins, analysts have issued bullish price targets for DASH, with many predicting the potential for further appreciation above $100.
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Why is the price of DASH soaring?
DASH, the fourth largest privacy coin by market capitalization, has maintained an upward trend over the past month despite broader market challenges, according to data from BeInCrypto Markets. During this period, the value of the token increased by approximately 190%.
On November 2nd, DASH reached $96.9, its highest level since May 2022. The move follows DASH’s listing on Aster, a decentralized perpetual exchange. The platform has launched DASH perpetual trading with up to 5x leverage.
Listing on a new exchange typically increases a token’s visibility and liquidity, often leading to short-term price increases and increased trading activity. Nevertheless, DASH experienced a slight adjustment shortly thereafter.
At the time of writing, the altcoin is trading at $84.9, representing an increase of nearly 15% in the past 24 hours. This increase puts DASH among the top daily gainers on CoinGecko.
DASH Price Prediction: Why Analysts Think Coin Will Reach $100
Notably, community sentiment towards DASH remains positive, with 82% of traders giving a bullish outlook on the token. This optimism is also reflected in price predictions, as many traders expect DASH to surpass the $100 level.
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Analysts had previously pointed to $71.64 as a key resistance level for DASH. The token has already crossed this threshold, potentially paving the way for a continuation towards the next psychological target around and above $100.
“A major breakout could begin if the daily close exceeds $71.64, with an initial target near $100 and a second target near $130,” the analyst predicted.
Another analyst predicts DASH will trade between $100 and $140 in the near future, noting that the token could rise to $250 if interest in privacy-focused cryptocurrencies continues.
“DASH showed that privacy doesn’t end with ZCASH. This month started with 100% movement in altcoins. They are pushing altcoins up on expectations similar to what happened with ZEC,” ACXtrades added.
Meanwhile, DASH’s rise is part of a broader momentum in privacy-focused cryptocurrencies. Privacy coins became the most performing sector in the crypto market in 2025.
The sector is up 186.8% this year, outpacing even Bitcoin and Ethereum, according to the latest data from Artemis.
This momentum has been driven by major tokens such as Zcash (ZEC), which recently surpassed the $400 price level before pulling back. While the outlook for privacy coins remains strong, it remains to be seen whether this rally continues or if it fizzles out like other short-lived cryptocurrency stories.
