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NewsBTC 2025-04-25 06:00:33

Before Dogecoin Hits $1, This Needs To Happen — Analyst Explains

VisionPulsed, a popular YouTube chart analyst, believes Dogecoin’s path to the long-awaited one-dollar milestone still runs through a narrow technical corridor that has not yet been cleared. In his latest video, titled “THIS MUST HAPPEN TO CONFIRM DOGECOIN $1 PUMP and AVOID BEAR MARKET CRASH,” the analyst argues that Dogecoin and its bellwether Bitcoin have both broken their multi-month downtrends, but stresses that the market has one final proving ground to cross before a full-blown uptrend can take hold. When Will Dogecoin Reach $1? “We broke the downtrend—no matter how you draw it, it’s broken,” VisionPulsed tells viewers, pointing to Dogecoin’s diagonal resistance line that dates back to early 2024. In his framework, that downtrend was one of five “layers of hell,” a tongue-in-cheek name for stacked Fibonacci retracements and moving-average caps that have suffocated rallies since the 2021 peak. Three of those layers, he notes, are already “green,” and the fourth—essentially the 0.618 retracement—has now stalled price action. Related Reading: Can Dogecoin Realistically Reach $3? Analyst Weighs In Historically, VisionPulsed adds, every decisive trend break in this cycle has been followed by a retracement that “back-tests” the former resistance as new support. He cites two prior episodes on Bitcoin where the market circled back 50–60 days later to kiss the trendline before rallying. A similar rhythm would place Dogecoin’s potential retest in May. “It doesn’t have to happen,” he concedes, “but I’m not going to ignore it.” Much of the argument rests on Bitcoin, whose breakout he says is more advanced than Dogecoin. VisionPulsed sets $94,000 as the last bearish redoubt for Bitcoin—the level where the 0.618 retracement and a prior horizontal shelf converge. “This $94,000 range is basically the last resistance before it’s full-blown bull-market bullish,” he states. If Bitcoin vaults that barrier, his chart implies an air-pocket move to $100,000 and then $128,000, a scenario that would almost certainly lift Dogecoin with it. Conversely, a rejection at $94,000 and a slide back to the broken trend would keep the larger market in check and extend Dogecoin’s sideways drift. The analyst insists he has “learned [his] lesson saying things have to happen,” framing the levels as conditional road signs rather than certainties. Related Reading: Dogecoin Trader Who Nailed 300% Rally Says It’s About To Repeat For Dogecoin itself, VisionPulsed is candid: an explosive ascent is not imminent. “I still think the best-case scenario for Dogecoin is sideways,” he says, clarifying that by “up” he means the kind of vertical “barrage of green candles” last seen in early 2021. What encourages him is the subtle upward curl of the daily stochastic RSI—“the higher it goes, the more bullish probability increases,” he notes—without yet flashing the overbought extremes that preceded previous eruptions. Overlaying macro correlations, the analyst is watching the euro-dollar pair, which he argues has foreshadowed local Bitcoin tops throughout this cycle. If the euro rolls over while Bitcoin pushes into the mid-$90,000, past behavior suggests a near-term crypto peak could follow. Still, he declines to forecast a final top, saying, “We’ll worry about that when the time comes.” Taken together, VisionPulsed’s roadmap proposes a quiet consolidation through late April into May, a possible trendline retest, and then a decision point at Bitcoin $94,000. Only when that barrier is flipped into support, he contends, does Dogecoin earn the structural clearance to challenge the psychological one-dollar marker. At press time, DOGE traded at $0.175. Featured image created with DALL.E, chart from TradingView.com

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