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Dogecoin Is Coiling For A 500% Move—Analyst Sees $1 Target
Dogecoin Blow-Off Top By November?
“This will be the largest move, probably 500 to 600 percent, which would put Doge around 90 cents to a dollar,” VisionPulsed told viewers after noting that each bull-market thrust since 2020 has exceeded the magnitude of the one before it.
Related Reading: Dogecoin’s Upside Case Builds As Double Key Chart Patterns EmergeWhile that atypical response sowed doubt about the indicator’s efficacy, the channel now shows a second capitulation phase that is poised to print another buy trigger. VisionPulsed framed the repetition as cumulatively bullish: if the next signal fires, the market will have absorbed two waves of miner stress without surrendering its broader up-trend foundations.
Beyond on-chain data, the analyst spotlighted a quartet of macro factors—euro-dollar dynamics, global M2 money supply growth, the distance from Bitcoin’s April halving, and record S&P 500 closes—as forces that “say we should go higher on a macro scale.” Each element, he suggested, keeps liquidity conditions and risk appetite broadly constructive even as individual coins mark time.
Related Reading: Machine Learning Algorithm Predicts Dogecoin Price To Jump Double-Digits To $0.2Yet Dogecoin’s five-day stochastic RSI remains mired in oversold territory. VisionPulsed thinks that paradoxically strengthens, rather than weakens, the case for an explosive move once momentum finally reverses: “It’s very difficult, or almost impossible, for Dogecoin to explode higher” while the oscillator is pinned low, but “when this does finally curl around, you’re probably going to see a larger move to the upside.”
Plotting the projected trajectory on his chart, VisionPulsed’s template would deliver the upside resolution sometime between October and December—a window that coincides with the historical peak of Bitcoin’s four-year cycle. “Historically November, December, October has been the top … so that would indicate that if we do get one final move, it will probably be the final move,” he observed.
At press time, DOGE traded at $0.18.