Dash leads privacy coin rally as Monero and Zcash reclaim key levels

Source: Cryptonews Original Title: Dash leads privacy coin rally as Monero and Zcash reclaim key levels Original Link: Dash hit fresh short-term highs, outpacing Monero and Zcash as privacy-focused tokens from Verge to Horizen logged intraday gains amid renewed sector interest.

Dash (DASH) outpaced both Monero (XMR) and Zcash (ZEC) during the rally. Dash and Monero prices rose as privacy-focused tokens registered fresh gains. Zcash, which has declined in recent weeks, also showed renewed strength. Other coins, including Verge and Horizen, posted intraday gains. The upswing in the privacy coin segment occurred amid broader market volatility, with Bitcoin and Ethereum positioned at key price levels.

Dash traded higher as price action indicated increased buying pressure, reflected in a surge in 24-hour trading volume. Technical analysis shows near-term support in a lower range, while a resistance cluster has formed above current levels. A break above the resistance cluster could lead to a potential breakout, according to market observers.

Monero has gained attention among privacy-focused cryptocurrencies, being regarded as a benchmark for transaction privacy due to its default use of obfuscation techniques. The token has rallied over the past 24 hours, accompanied by a surge in trading volumes, indicating strong market participation.

From a technical perspective, traders are monitoring whether momentum can carry prices higher. Support is identified below current levels. If the rally extends, market participants are watching a higher range as a potential next area of resistance, with a round-number level emerging as a longer-term upside target.

Analysts noted that liquidity in the privacy coin segment remains relatively thin compared with major cryptocurrencies such as Bitcoin and Ethereum. As a result, assets including Dash and Monero are more susceptible to sharp price swings. Privacy-focused tokens have begun to reclaim key technical levels amid renewed investor interest, raising the possibility that bullish momentum could continue. Alongside Dash, Monero, and Zcash, traders are monitoring Verge and Horizen for further signals from the sector.