Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Key Moments

  • Dash (DASH) holds roughly 120% gains for the week and trades near $80, with resistance seen at the $86 Fibonacci level.
  • Internet Computer (ICP) moves above its 200-day EMA at $4.40 and approaches the $5 area, with resistance highlighted at $6.25.
  • Pump.fun (PUMP) records four straight days of recovery, trading near $0.003000 and eyeing the R2 Pivot Point at $0.004052.

Dash Targets Higher Levels After Sharp Weekly Surge

Dash (DASH) is trading near $80 at press time on Thursday, preserving a 35% advance from Wednesday that translates into approximately 120% gains so far this week. The privacy-focused token is encountering resistance at the 61.8% Fibonacci retracement level at $86, calculated from the November 4 high at $150 to the December 19 low at $35 on the daily logarithmic chart.

A successful break above $86 would open the door to the $100 psychological level, followed by the 78.6% Fibonacci retracement level at $109.

Technical indicators on the daily timeframe underscore strong bullish momentum. The Relative Strength Index (RSI) stands at 81 and is stabilizing in the overbought region, while the Moving Average Convergence Divergence (MACD) remains firm, with green histogram bars continuing to rise.

On the downside, the 50% Fibonacci retracement level at $72 is positioned as immediate support.

Dash Key Technical LevelsPrice
Support – 50% Fibonacci retracement$72
Resistance – 61.8% Fibonacci retracement$86
Psychological level$100
Resistance – 78.6% Fibonacci retracement$109

Internet Computer Extends Break Above 200-Day EMA

Internet Computer (ICP) is edging higher by 3% at the time of writing on Thursday, trading above the 200-day Exponential Moving Average at $4.40. The token is moving toward the $5 mark, and a daily close above this threshold could pave the way for a test of the key resistance level at $6.25, which capped upside momentum between March and July 2025.

The daily RSI at 77 is climbing into the overbought zone, pointing to firm buying interest. In parallel, a steady upward trajectory in the MACD reflects strengthening bullish momentum.

Should ICP fall back below the 200-day EMA at $4.40, the price could revisit the September 25 low at $3.97.

Internet Computer Key Technical LevelsPrice
Support – September 25 low$3.97
Key moving average – 200-day EMA$4.40
Near-term psychological area$5.00
Resistance – prior cap between March and July 2025$6.25

Pump.fun Recovery Rally Confronts Overhead Resistance

Pump.fun (PUMP) is approaching $0.003000 after four consecutive days of recovery, translating into 18% gains so far this week. If the token overcomes the $0.003000 round-number level, it could next aim for the R2 Pivot Point at $0.004052.

The technical backdrop supports this constructive setup. On the daily chart, the RSI is at 64, while the MACD is advancing, both pointing to improving bullish momentum.

On the opposite side, the $0.002000 round figure remains the key support level for PUMP.

Pump.fun Key Technical LevelsPrice
Support – round figure$0.002000
Immediate resistance – round figure$0.003000
Upside target – R2 Pivot Point$0.004052
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Gold gains as dollar slidesGold gains as dollar slides Gold futures for August delivery were 0,5% up on the day on the Comex division of the New York Mercantile Exchange and traded at $1 386,25 a troy ounce, following a 0,8% surge earlier in the day.Golds gain was supported by the weakened […]
  • Apple to battle lower cost tablets with new iPadApple to battle lower cost tablets with new iPad Apple Inc. is adding a new model to its iPad series to battle a growing list of competitors, which manage to present their own tablets at lower prices with similar features. Chief Executive Officer Tim Cook will debut a high-definition iPad […]
  • Forex Market: EUR/USD daily trading outlookForex Market: EUR/USD daily trading outlook Friday’s trade saw EUR/USD within the range of 1.0924-1.1033. The pair closed at 1.0990, rising 0.46% on a daily basis. It has been the third gain in the past five trading days. The daily low was an exact test of the low from December 10th. In […]
  • Oil weekly recap, December 9 – December 13Oil weekly recap, December 9 – December 13 Both West Texas Intermediate and Brent benchmarks settled the week lower as upbeat economic data from the US raised speculations policy makers may curb Feds stimulus at FOMCs meeting next week, while a report by the EIA suggested lingering […]
  • USD/JPY edges lower on upbeat Japanese CPI dataUSD/JPY edges lower on upbeat Japanese CPI data The yen advanced against the US dollar, following a report that showed the Japanese consumer prices increased more than expected in December. However, the long-term forecast for the exchange rate of the yen against the US dollar has been […]
  • Forex Market: USD/CAD retreats from the strongest level since July 2009 following upbeat Canadian dataForex Market: USD/CAD retreats from the strongest level since July 2009 following upbeat Canadian data The loonie, as the Canadian dollar is best known, retreated from the weakest level in more than four years against its US counterpart, following the release of upbeat Canadian inflation and retail sales data.USD/CAD hit a session low at […]