Dogecoin (DOGE) has broken its long-term downtrend, but analysts like VisionPulsed warn a final resistance test — tied to Bitcoin clearing $94K — is needed before a true breakout toward $1 can happen.
VisionPulsed expects sideways consolidation through April into May, with a potential trendline retest, depending heavily on Bitcoin’s next major move.
Daily indicators like the stochastic RSI are turning bullish, but without a clear Bitcoin breakout, Dogecoin’s explosive rally remains on hold for now, with DOGE currently trading around $0.175.
Dogecoin (DOGE) fans might wanna keep their excitement in check just a little longer. According to popular YouTube chart analyst VisionPulsed, DOGE’s long-awaited path to $1 is close — but still stuck behind one stubborn technical wall.
In his latest video, “THIS MUST HAPPEN TO CONFIRM DOGECOIN $1 PUMP and AVOID BEAR MARKET CRASH”, VisionPulsed breaks it down: both Dogecoin and Bitcoin have shattered their multi-month downtrends (finally), but the market still has one more “proving ground” to clear before we get full-blown moon vibes.
So… When Does Dogecoin Actually Hit $1?
“We broke the downtrend—no matter how you draw it, it’s broken,” VisionPulsed says, pointing to a resistance line that’s been choking DOGE since early 2024.
He calls these resistance zones the “layers of hell” (kinda dramatic, but relatable), stacked layers of Fibonacci retracements and moving averages that have been crushing rallies since the 2021 peak.
Fourth layer (the tricky 0.618 retracement)? Still holding DOGE back ❌
And here’s the catch: VisionPulsed thinks the market might need a retest—that classic backtest where price dips to retouch old resistance as support—before we get serious liftoff. Based on prior Bitcoin cycles, that could happen… around May.
“It doesn’t have to happen,” he warns, “but I’m not ignoring it.”
Bitcoin Is the Real Driver Here
A lot of Dogecoin’s fate, as usual, depends on Bitcoin.
VisionPulsed points to $94,000 as Bitcoin’s final boss fight. It’s the last heavy resistance area where the 0.618 retracement and a big horizontal shelf meet. Clear that zone? And Bitcoin could shoot to $100K or even $128K pretty fast — dragging Dogecoin right up with it.
But if Bitcoin stumbles at $94K? Expect sideways chop. Maybe even a dip. And yeah, that would keep DOGE stuck drifting around where it is now.
“I’ve learned my lesson saying things have to happen,” VisionPulsed jokes. He’s treating these levels more like road signs, not guarantees.
Is Dogecoin Gearing Up?
Short answer? Kind of… but not like rocket-ship tomorrow.
VisionPulsed says the “best-case scenario” right now for Dogecoin is still sideways — at least until the broader market gives a clearer signal. That crazy, vertical, green-candle mania we all remember from early 2021? Not happening yet.
What is encouraging, though, is the daily stochastic RSI — it’s curling upward slowly, showing increasing bullish potential without flashing “overbought” warning signs yet.
Also, he’s watching macro signals like the euro-dollar pair, which tends to line up with Bitcoin’s local tops. If the euro rolls over and Bitcoin pushes past mid-$90K? Maybe time to watch out for a short-term top.