Analyst VisionPulsed presented data on the conditions necessary for Dogecoin to reach its long-anticipated target of $1. Certain market conditions must align.
Prerequisites for Dogecoin Growth
According to VisionPulsed's analysis, Dogecoin awaits Ethereum to decisively break above 2021 highs. 'Once ETH breaks this high, ETH has officially gone onto a bull market,' the analyst stated. Additionally, the supportive timing of the post-halving 486-day cycle, culminating on August 18, 2025, is critical.
Historical Cycles and Their Significance
Another important aspect of VisionPulsed's analysis is the timing factor. 'We are fastly approaching what would be considered the final bull-run push in 2021… 486 days from the halving,' noted VisionPulsed. He observed that both of the last two cycles experienced substantial corrections followed by final rallies.
Liquidity as a Support Factor
With the expansion of M2 money supply providing support to risk assets, VisionPulsed cautioned against over-reliance on this indicator. 'Everyone and their mother' monitors M2 data, he said, emphasizing that while it may foster favorable conditions, it does not guarantee market growth.
VisionPulsed's analysis highlights key conditions for Dogecoin's growth to $1: Ethereum's breakout above 2021 highs, favorable halving cycle timing, and supportive global liquidity. In the absence of these factors, Dogecoin is likely to remain within its current trading dynamics.