📊 Analyst: Dogecoin Could Hit $1.50 — But Expect More Choppy Action First
Dogecoin has now spent nearly 1,550 days below its all-time high, and according to crypto analyst VisionPulsed, while a breakout is possible, the asset remains stuck in a long-term “bearish forever” pattern.
In his August 6 video update, VisionPulsed highlighted DOGE's historic underperformance compared to other major crypto assets.
“We’re now setting a Guinness World Record for the most days below Dogecoin’s ATH,” he said.
“First cycle: 1,200 days. Second: 1,300+. Now? Over 1,550.”
While the milestone is notable, he warns it also signals structural weakness in DOGE’s market cycle.
Even as global liquidity (M2 money supply) appears to be bottoming out, VisionPulsed notes that DOGE hasn’t reacted, unlike Ethereum — which is showing signs of recovery.
“Global M2 has bottomed. Dogecoin hasn’t moved — because it doesn’t until it does,” he said.
“Could it stay bearish? Technically, yes. It’s always bearish… until it isn’t.”
Still, he sees DOGE forming a choppy consolidation phase, similar to past setups that ultimately led to upside.
If the price holds current levels through mid-August, he says a bounce is possible — but the bullish case remains highly conditional.
📈 Long-Term Price Targets (If Reversal Happens):
🔸 Conservative: $0.90 to $1.14
🔹 Speculative “Moonboy” Scenario: $1.50 – $2.00
“I used to say $2,” VisionPulsed admits.
“Now I think the highest moonboy scenario is probably between $1.50 and $2.”
Bottom line:
Dogecoin may not be ready just yet — but history shows choppy phases can end in fireworks.
#Notcoin #BuiltonSolayer #IPOWave
