Dash Price Forecast: Increasing Selling Pressure, the $50 Level Gradually Emerges

Dash (DASH) is under heavy selling pressure as the price drops about 3% at the time of recording on Thursday, extending a two-week-long weakening trend. This movement causes the 50-day Exponential Moving Average (EMA) around $55.93 to become a key threshold, attracting market attention.

In the context of waning demand for privacy coins, this asset group has fallen to the least effective position in the cryptocurrency market in recent months. Specifically for DASH, the derivatives market has experienced double-digit capital outflows, mainly driven by mass liquidations of long positions, reflecting a significant decline in investor interest and confidence.

Retail demand moves away from privacy coins

Data from Artemis shows that privacy-focused cryptocurrencies are among the most heavily sold assets in the market, with a decline of over 13% in the past month. This trend reflects a necessary correction after a hot rally at the end of 2025 and the early days of the current month, as demand gradually weakens.

Sector performance data | Source: Artemis In the derivatives market, DASH futures saw open interest (OI) plummet 13.69% in just 24 hours, down to $105.31 million. The sharp contraction of OI indicates capital is leaving the market, mainly due to mass liquidation of long positions and increasing risk-avoidance sentiment. Notably, the total value of long position liquidations in 24 hours reached $1.19 million, overwhelmingly surpassing the $52,910 in short positions, further reinforcing the bearish trend.

DASH derivatives data | Source: CoinGlass

Dash faces the risk of deeper correction towards $50

DASH has lost about 40% of its value in just two weeks, plunging toward the 50-day EMA at $55.93 — a price level where buying pressure is trying to “restrain” the decline. However, the technical picture remains negative as the 50-day EMA is trending downward and heading toward the 200-day EMA, indicating a prevailing bearish trend.

In the scenario where DASH closes below $55.93, the price is likely to fall further toward the psychological support zone of $50, approaching the 23.6% Fibonacci retracement level at $49.39. This level is derived from the peak of $150.00 on 11/4 down to the bottom of $35.04 on 12/19.

Daily DASH/USDT chart | Source: TradingView Technical indicators on the daily timeframe also support the negative scenario. The MACD shows both signal lines continuing to decline below zero, while the negative histogram widens. The RSI is currently at 46, moving away from the neutral zone and trending downward, signaling early signs of increasing selling pressure.

Conversely, if DASH can close above the 50-day EMA at $55.93, short-term downward pressure may ease somewhat, opening the possibility for a recovery toward the 38.2% Fibonacci retracement zone around $61.07.