Will Dogecoin Drop Strongly? Analysts Predict Peak of $0.9–$1.5

Dogecoin has now entered the longest phase since reaching its all-time high in history - over 1,550 days and still counting - with a warning from cryptocurrency analyst VisionPulsed that although a breakout may eventually occur, this asset is still be trapped in what he calls a "forever bearish" pattern. In the update video on August 6, VisionPulsed provided an in-depth analysis from macro to micro on the price movements of Dogecoin, highlighting the historical inefficiency of this coin compared to other large-cap cryptocurrencies. "We are currently setting a Guinness World Record for the number of days below Dogecoin's all-time high," he remarked. "The first cycle was 1,200 days, the second cycle was 1,126 days. Currently, we are at an incredible over 1,550 days." He argues that that milestone is not only symbolic but also reflects a profound structural weakness in the market cycle of Dogecoin. And despite the growing speculation in the macro community about the potential reversal due to liquidity, he still does not believe that Dogecoin is ready to respond. The main topic of the analysis is the global M2 money supply, which has been monitored by VisionPulsed for several months as a leading macro indicator of the risk appetite for cryptocurrency. While acknowledging that the M2 supply bottomed out in June, he emphasized that this alone does not necessarily trigger an immediate bullish momentum for Dogecoin.

"Global M2 has bottomed out... but Dogecoin won't rise higher until M2 skyrockets. And we don't have that yet," he explained. "Can we still be bearish? Technically, yes... because bearish sentiment will always exist forever." On the contrary, Ethereum is described by analysts as "much more sensitive to M2" and has begun to show signs of recovery. This divergence, in his view, reinforces the opinion that DOGE may continue to consolidate or fall back before making a significant move. VisionPulsed believes that Dogecoin may be forming an uncertain consolidation structure, similar to previous phases that eventually led to an upward movement. He does not rule out the possibility of prices increasing in the near future - especially if prices remain at current levels until mid-August - but warns that the bullish scenario still heavily depends on conditions. "If Dogecoin can accurately execute this move [accumulating sideways], it will shift to a bullish trend," he said, referring to a historical fractal that occurred before previous price surges. He pointed out the similarities between psychological indicators like YouTube views and market behavior, noting that in previous local bottoms, low levels of interaction marked the exhaustion of retail investors. However, this time, he admitted that the bottom level may have formed higher - possibly due to the market maturing or broader interest in cryptocurrency assets. Long-Term Target: 0.90 USD to 1.50 USD Although the current sentiment remains cautious, VisionPulsed has outlined a clear set of long-term price targets if and when a true macro reversal occurs. He divides these targets into two categories: cautious and speculative. "The more cautious estimate... is the lower threshold, 90 cents compared to 1.14," he said, noting that levels above $0.91 could start to create a top under the right conditions. For the more optimistic people, those referred to as "moonboys", he still sees some room - albeit less likely - for a breakout to $1.50 or even $2. "Even I used to say $2," he added. "I think the highest I can set for a moonboy is right here, in the range of $2 to $1.50." It is important that he does not make any time-limited predictions, but only reiterates that macro trends, M2 velocity, and the general sentiment towards altcoins must first align for any of these targets to take effect. As the cryptocurrency market enters the final months of the year, VisionPulsed points out that historical cycles often accelerate around this period, with some final bullish runs starting around August-September. "The closer we get to the end of the year, the more the market has to accelerate... At least in recent history, when we have reached the current level, the market has gone up for its final bullish run," he noted.