$DOGE
When Will Dogecoin Hit $1?
Crypto analyst VisionPulsed believes Dogecoin has broken out of its long-term downtrend, saying, "No matter how you draw it, the downtrend is broken." He refers to this old downtrend as one of five "layers of hell"—a mix of Fibonacci levels and moving averages that have blocked Dogecoin’s rallies since its 2021 peak.
Right now, three of those five resistance layers have been cleared. The fourth, the 0.618 Fibonacci retracement, is holding Dogecoin back for now.
VisionPulsed points out that every major breakout in this market cycle has been followed by a pullback—a retest of the old resistance, now turned into support. He recalls two similar moments in Bitcoin’s history when the price returned to the breakout point 50–60 days later before moving higher.
His focus is actually on Bitcoin. He says Bitcoin is further along than Dogecoin and sees $94,000 as Bitcoin’s last big resistance. That’s where a key Fibonacci level and a horizontal price zone meet. If Bitcoin can turn that level into support, he expects a fast move to $100K or even $128K—and Dogecoin would likely rally with it.
But if Bitcoin fails to break through $94,000, he thinks the market could drop back, which would delay Dogecoin’s rise and push it lower again.
He also watches the euro-dollar exchange rate, which he says has lined up with Bitcoin peaks in this cycle. If the euro weakens and Bitcoin nears $94K, it might signal a local top for crypto.
VisionPulsed doesn’t predict exact prices or dates, saying, "We’ll deal with the top when we get there."
His outlook:
A quiet period is likely through late April and May
A possible retest of the breakout trendline
A key decision at Bitcoin $94K
Only after that level becomes support can Dogecoin realistically aim for $1