DASH breaks resistance as whale data shows sustained buying
Dash (DASH)
Editor:
Eugene Serbin
Blockchainmedia.id reports that Dash (DASH) has surged from the US$30s to trade between US$50 and US$53, breaking above US$46.37 with increased volume. Analyst Crypto Tolga notes the asset is approaching a breakout from a large descending broadening wedge pattern. The primary resistance zone sits at US$59.46–US$60, with a confirmed break potentially opening paths to US$68–US$70 and further targets of US$83–US$90.
A more aggressive macro scenario projects a rise to US$117–US$140, or even US$400, representing a 590 percent increase. However, momentum indicators show the asset is overheating, with the daily RSI at 72 and the hourly RSI exceeding 80. This heat suggests a possible correction to US$48–US$46, with US$41–US$44 as deeper support.
Other assets like PEPE, ZEC, ENA, and FLOKI are also showing technical breakouts or retests of key patterns. Zcash (ZEC) recently broke US$700–US$740 resistance, reaching US$1,000, while analysts cite a "Sign of Strength" phase. Ethena (ENA) cleared a bullish pennant near US$0.16, and Floki Inu (FLOKI) is testing a two-year falling wedge. These moves occur amid rising volatility and shifting momentum across the digital asset market.
How the market reacted
Whalio's own Binance spot order flow for DASH, measured when this story was written up on 5 September 2026. Not the outlet's figures.
Whalio spot data for DASH shows a price of US$62.55, with a 24-hour buy ratio of 53.0 percent. This buying dominance is consistent over the 4-hour timeframe at 52.5 percent, though it dips slightly to 46.5 percent in the last hour. The 24-hour volume delta is strongly positive at US$4,035,586, indicating net buying pressure has accumulated significantly. In contrast, the 1-hour volume delta is negative at minus US$392,621, suggesting immediate selling pressure has emerged. A positive volume delta means buyers have executed more volume than sellers, while a negative delta indicates sellers are currently in control. The 24-hour cumulative volume delta (CVD) remains robust at US$4,024,023, confirming sustained institutional or whale accumulation over the day.
The latest daily buy ratio of 53.0% sits at the 89th percentile of the last 281 days, against a median of 49.1% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for DASH, averaged over the days leading up to the story.
Over the preceding eight days, DASH has seen a total volume delta of US$5,182,669 and a price increase of 62.6 percent. The current 24-hour volume is 5.01 times the weekly average, marking this as an unusually active trading day. While the 24-hour buy ratio is 2.4 points above the 7-day average of 50.6 percent, the hourly dip to 46.5 percent shows short-term hesitation. Net buying occurred on five of the last seven days, indicating a generally bullish trend. This volume surge and price action represent a significant deviation from the coin's typical trading behavior.