After spending over 1,550 days below its all-time high, Dogecoin is officially in the longest downtrend of its history â and the big question is: Will it finally break out?
According to well-known crypto analyst VisionPulsed, the meme coin is still trapped in what he calls a "forever bearish" pattern. But that might be about to change.
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đ Why DOGE Is Still Not Moving
In his latest August 6 analysis, VisionPulsed compared Dogecoinâs price action with past market cycles:
đ Previous cycles lasted around 1,100â1,200 days
đ§ This cycle? Already 1,550+ days with no breakout
đť Indicates structural weakness compared to strong altcoins like ETH
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đ¸ The Missing Factor: Global Money Supply
VisionPulsed points to one major reason why Dogecoin hasnât moved:
The global M2 money supply â a key signal of liquidity and risk appetite.
> âDogecoin didnât move last time until M2 started rising fast,â he said.
Right now, M2 has only just bottomed out. It hasnât surged â and neither has DOGE.
Meanwhile, Ethereum (more sensitive to M2) is already showing early signs of life.
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đŽ What Could Change Everything
The next few weeks are critical. DOGE needs:
â M2 to rise
â Retail interest to return (YouTube views are currently very low)
â Price to hold current levels through mid-August
If these align, a breakout could begin â just like it has in past cycles.
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đŻ VisionPulsedâs Price Targets
đš Cautious Target: $0.90 to $1.14
đš Speculative Target: $1.50 to $2.00
> â$2 is possible but less likely now â $1.50 is a more realistic ceiling,â he noted.
Thereâs no set timeline. Everything depends on macro trends and altcoin momentum.
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đ Whatâs Next for DOGE?
Historically, AugustâSeptember has brought crypto rallies.
If global liquidity picks up and DOGE holds strong, it could finally escape this bearish cycle.
But if conditions stay weak, more sideways movement is likely.
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â ď¸ Bottom Line
Dogecoin is at a turning point.
Itâs either the end of a long bear phase â or just more waiting.
Keep watching global liquidity, chart levels, and retail signals.
The marketâs next move could come fast.
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