$DOGE | Dogecoin
Dogecoin has now been stuck below its all-time high for over 1,550 days, marking the longest downtrend in the coinâs history. According to crypto analyst VisionPulsed, this prolonged slump signals continued weakness â but also hints that a major move could be on the horizon.
đ The Longest Bear Phase Yet
In a video released on August 6, VisionPulsed compared Dogecoinâs price action to past market cycles. Historically, DOGE downtrends lasted 1,100â1,200 days, but the current one has already crossed 1,550 days, suggesting unusually persistent consolidation.
> âItâs not just time â itâs structure,â the analyst noted. âDogecoinâs inability to break out shows deeper weakness compared to coins like Ethereum.â
đ Why Dogecoin Isnât Moving Yet
VisionPulsed highlighted one major reason behind DOGEâs sluggish behavior: the global M2 money supply â a key liquidity indicator. Although M2 bottomed in June, it hasnât surged enough to trigger risk appetite.
> âDogecoin didnât move last time until M2 started climbing fast,â he said. âThat hasnât happened yet.â
Ethereum, which is more sensitive to liquidity, has started showing recovery signs â but Dogecoin is still lagging behind.
đ Signs a Breakout Might Come
Despite the gloom, VisionPulsed believes a breakout is possible â especially if DOGE holds its current level through mid-August. He also mentioned that low retail interest (e.g., falling YouTube views) may indicate a bottom is forming, based on past patterns.
đŻ Long-Term Price Targets
Here are the analystâs projected targets:
â Base case: $0.90 to $1.14
đ Speculative case: $1.50 to $2.00
He admitted that $2 now feels optimistic, but $1.50 is still achievable if macro trends improve.
> âThereâs no fixed timeline â M2, sentiment, and altcoin strength must align first.â
đ What to Watch This Year
Historically, August to September have brought crypto surges. If global liquidity improves and Dogecoin maintains structure, a bullish breakout may still be in play.
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Current Price: $0.2206 (+7.23%)
DOGE/USDT (Perp)
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