Dogecoin Needs $0.40 Breakout To Salvage Bull Case, Says Analyst

Independent market commentator VisionPulsed believes the memecoin must break the $0.40 ceiling either this week or next to maintain the broader bullish structure. He points to a second consecutive "blue bar" on Ethereum's momentum oscillator, which he treats as a reliable signal of imminent high-magnitude moves across the digital-asset complex. The last time this signal occurred, the market moved 16%, and VisionPulsed expects a similar move next week. He notes that Bitcoin's own hash-ribbon metric has followed a "sell for two weeks, then rally" pattern throughout the cycle, and since Bitcoin has already been selling off for two weeks, it's due for a reset and move higher, which should lift Dogecoin. VisionPulsed's thesis is based on a 70-day timing model derived from Dogecoin's prior impulse lows, which suggests that every major upswing in Dogecoin during this cycle has come 60 to 80 days after a trough. If Dogecoin doesn't rally next week, VisionPulsed believes the bear case strengthens dramatically, and the memecoin could face eight red months out of nine. On the other hand, if Dogecoin clears $0.40, it could drag the memecoin well north of the trigger, potentially reaching new highs. Failure to clear $0.40, however, could set up a large move down, potentially leaving Dogecoin retesting multi-month lows. The urgency is aggravated by Dogecoin's sequence of monthly losses, with only a brief reprieve in April, and VisionPulsed believes June is a make-or-break month for the memecoin rather than sentiment underpins the urgency.