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DASH looks shaky right now—could we see $52 next?



The coin slipped 1.65% to $55.96, but the real concern is the 7.68% dive over the past week. What's dragging it down?

First off, there's a clear rotation happening in privacy coins. Money's flowing out of DASH and into Monero instead. Then you've got the derivatives market flashing warning signs: funding rate sitting at a bearish -0.8088% while open interest climbed to $20.58M. That combo usually means traders are positioning for further downside.

Technically speaking, the charts aren't looking friendly either. If support doesn't hold here, that $52 level might be the next stop. Worth keeping a close eye on volume and those funding rates over the next few sessions.
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AlwaysQuestioningvip
· 5h ago
The funds have all run to Monero, has DASH really been abandoned?
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BearMarketMonkvip
· 12-01 07:01
It's DASH again, is it really going to break 52 this time? I feel like Privacy Coins are being ruthlessly abandoned.
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ser_ngmivip
· 12-01 07:01
It's DASH again... This week has been tough, looking at the financing rate it does seem a bit fierce.
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GateUser-9f682d4cvip
· 12-01 07:01
All the funds have gone to XMR, this wave of DASH is indeed a bit tragic. It feels like it can't escape 52 dollars...
View OriginalReply0
ThatsNotARugPullvip
· 12-01 06:42
Funds are running to Monero, DASH has been abandoned... The financing rate is still so bad, it's estimated that it really can't escape at 52 bucks.
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