When Will Dogecoin Reach 1 USD? Analysis from VisionPulsed

The analyst VisionPulsed recently provided insights into the potential journey of Dogecoin (DOGE) reaching the psychological milestone of 1 USD, based on technical factors, correlation with Bitcoin, and macroeconomic context.

  1. Breaking the long-term downtrend – Initial positive signal According to VisionPulsed, Dogecoin has officially broken through the diagonal resistance line that has been in place since the beginning of 2024. "No matter how you draw the trend line, that downtrend has been broken," he asserted. This is a notable turning point as this downtrend used to be one of the five "hell levels" – the way he describes the overlapping resistance levels consisting of Fibonacci retracements and moving averages that have continuously prevented DOGE from recovering since the peak in 2021. Currently, three out of the five resistance levels have turned "green" – meaning they have been conquered, while the fourth level ( the 0.618) retracement level is temporarily slowing down the price increase.
  2. Back-test phase – Verify new support VisionPulsed stated that important trend breakouts in this cycle are often followed by a pullback to retest the trend line – a common action when resistance turns into support. He cited two similar cases with Bitcoin, where the price returned to touch the trend line about 50–60 days before continuing to rise sharply. Accordingly, DOGE is likely to undergo a slight accumulation phase at the end of April and in May, before confirming support and deciding on the next direction.
  3. Bitcoin – The key to Dogecoin's journey VisionPulsed's analysis shows that Dogecoin remains heavily dependent on Bitcoin's upward momentum. He points out that Bitcoin is advancing further in the current bullish cycle, with the final resistance level around the 94,000 USD area – where the 0.618 retracement level and an important horizontal resistance area converge. "If Bitcoin can surpass the 94,000 USD level and turn it into support, we might see a quick bounce up to 100,000, even 128,000 USD," VisionPulsed predicted. Such an accelerating scenario would create favorable conditions for Dogecoin to reach the 1 USD mark. On the contrary, if Bitcoin is rejected at the level of 94,000 USD and returns to test the broken trend line, the market will enter a phase of accumulation or correction, and Dogecoin may still not be able to break out.
  4. Signals from the macro market – EUR/USD pair In addition to technical factors, VisionPulsed closely monitors the EUR/USD currency pair, which he believes has accurately forecasted the short-term peaks of Bitcoin in the current cycle. If the euro begins to weaken in the near future, this could coincide with a new short-term peak of Bitcoin, creating a sensitive moment for the entire crypto market. However, he did not make a specific prediction about the final peak, emphasizing that the price levels are merely "guideline conditions" and not guaranteed to occur. Conclusion: When will Dogecoin reach 1 USD? Based on VisionPulsed's analysis, Dogecoin may test the 1 USD level only if Bitcoin successfully surpasses and maintains the 94,000 USD mark. In the near future, the market is expected to have a sideways phase and retest support before making a major decision about the next trend. For now, the path to 1 USD for Dogecoin still has many conditions that need to be met – but it is getting closer than ever.
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GateUser-f3e4008cvip
· 04-25 15:39
Next bull run
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