A prominent crypto analyst known as VisionPulsed recently suggested that Dogecoin (DOGE) is quietly gearing up for its most significant breakout yet. In a livestream on June 9, he forecasted a potential surge to $0.90 or even $1 by the end of the year, which would represent a remarkable 5x increase from its current price levels.
Despite Dogecoin's uninspired price performance over the past few months, hovering consistently between $0.17 and $0.20, VisionPulsed views this sideways movement as a hidden indicator of strength. "Flat markets build pressure," he explained, arguing that Dogecoin's current inertia is concealing an impending bullish explosion.
Central to VisionPulsed's optimistic outlook is his analysis of the hash ribbons indicator. This tool, typically applied to Bitcoin, tracks phases of miner capitulation and subsequent recovery within a network. While a previous signal in the current cycle didn't lead to the anticipated rally for Dogecoin, VisionPulsed highlights the rare occurrence of a second hash ribbons trigger as a significant bullish anomaly. He interprets this as a sign that the market is effectively absorbing selling pressure and maintaining its price floor, setting the stage for an upward move.
This prediction offers a contrasting perspective to some recent analyses that suggest Dogecoin may continue to trade in a tight range or even face further downside in the short term, despite broader crypto market recoveries. VisionPulsed's focus on the hash ribbons and the idea of "latent strength" provides a unique angle for Dogecoin enthusiasts.
July 2025, Cryptoniteuae