Hello everyone,
As we can see in recent weeks, interest seems to be returning to privacy coins, which have been stagnant for years due to regulations and fears of delisting. But the situation now appears to have changed. In fact, the charts of privacy coins all look more or less the same (
ZEC, 
XVG, 
PIVX), with a trendline going back to 2018 that has either just been broken or is about to be broken. Honestly, if you look at these charts, they’re among the most bullish ones across all higher timeframes. Anyway, let’s do a quick analysis on DASH. As mentioned, in this case the trendline has already been broken, but right now it’s trading just below it. Personally, I believe it will follow exactly the same price action as
ZEC and, once it starts consistently closing above it, it will shoot straight toward its old all-time high. The setup is very interesting.
Thanks everyone for your attention!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.