Dogecoin Doomed To Chop? Analyst Sees $0.90–$1.50 | Crypto News
Dogecoin has now entered the longest period below its all-time high in its historical past—over 1,550 days and counting—with crypto analyst VisionPulsed warning that while a breakout could ultimately come, the asset stays locked in what he calls a “bearish forever” sample.
In his August 6 video update, VisionPulsed offered a sobering macro-to-micro analysis of Dogecoin’s price motion, underscoring the asset’s historic underperformance in contrast to other large-cap cryptocurrencies. “We’re now setting a Guinness World Record for most days below the all-time high for Dogecoin,” he remarked. “First cycle was 1,200 days, second cycle was 1,126. Right now, we are at a staggering 1,550-plus days.”
That milestone, he argued, just isn’t just symbolic—it displays deep structural weak point in DOGE’s market cycle. And despite growing chatter in the macro space about a potential liquidity-driven reversal, he’s not yet satisfied that Dogecoin is prepared to reply.
A central theme of the analysis is the Global M2 money provide, which VisionPulsed has tracked for months as a main macro indicator for crypto risk urge for food. While he acknowledges that the M2 bottomed in June, he emphasizes that this alone hasn’t traditionally triggered quick upside for Dogecoin.
“The Global M2 has put in a bottom… but Dogecoin did not move higher until the M2 shot up. And we don’t have that yet,” he explained. “Could we still be bearish? Technically yes… because it’s always bearish forever and ever.”
Ethereum, by distinction, is described by the analyst as “much more sensitive to the M2,” and has begun displaying indicators of recovery. This divergence, in his view, reinforces the concept that DOGE could continue to consolidate or retrace additional before making a significant transfer.
Dogecoin Chop Before Pop?
VisionPulsed suggests that Dogecoin is probably going forming a uneven consolidation construction, comparable to prior phases that ultimately resolved to the upside. He doesn’t dismiss the likelihood of a rally in the close to future—significantly if price holds current ranges through mid-August—but cautions that the bullish case stays extremely conditional.
“If Dogecoin can do this exact move [sideways accumulation], then it should turn bullish,” he said, referencing a historic fractal that performed out prior to earlier rallies. He attracts a parallel between sentiment metrics (such as YouTube view counts) and market habits, noting that in earlier local bottoms, low engagement marked exhaustion in retail capitulation.
This time, however, he concedes that the ground could already be forming increased—doubtlessly due to elevated market maturity or broader curiosity in crypto belongings.
Long-Term Targets: $0.90 To $1.50
While the current tone stays cautious, VisionPulsed outlines a clear set of long-term price targets if and when a macro reversal does take maintain. He splits these into two classes: conservative and speculative. “A more conservative estimate… is this lower end here, 90 cents to 1.14,” he said, noting that $0.91+ may start to mark a top under the fitting situations.
Related Reading: Dogecoin Just Hit A Prime Risk-Reward Entry, Says Analyst
For the more optimistic crowd, the so-called “moonboys,” he still sees room—albeit less seemingly—for a run toward $1.50 or even $2. “Even I used to say $2,” he added. “I think the highest I could go for a moonboy expectation is right here in this vicinity between $2 to $1.50.”
Importantly, he stops short of making any time-bound prediction, reiterating that macro trends, M2 velocity, and broader altcoin sentiment must first align for any of these targets to come into play.
As the crypto market heads into the later months of the 12 months, VisionPulsed factors out that historic cycles have often accelerated around this part, with a number of ultimate rallies initiating in the August–September window. “The further and closer we get to the end of the year, it has to start moving faster… At least in recent history, when we’ve gotten to where we are, you’ve gone up for your final rally,” he famous.
At press time, DOGE traded at $0.206.
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