Analyst: Dogecoin's Long Road to Recovery
According to crypto researcher VisionPulsed, Dogecoin ($DOGE) has set a "Guinness World Record" for being below its all-time high for over 1,550 days! While the macro environment hints at a reversal, the analyst warns that Dogecoin remains in a "bearish forever" pattern for now.
Key Takeaways:
Record Underperformance: VisionPulsed notes the "market cycle structural fragility" of DOGE, which hasn't reacted to global liquidity improvements as much as others like Ethereum.
📈 Consolidation Phase: The analyst believes $DOGE is forming a "choppy consolidation structure" that could lead to a positive move if current price levels hold until mid-August.
Potential Price Targets (If a Macro Reversal Occurs):
Conservative Target: $0.90 to $1.14
"Moonboy" Expectation: VisionPulsed sees a less probable but possible run to $1.50 or even $2.00.
While the optimistic thesis is conditional, a move back to these levels could be a massive win for the Dogecoin community!
