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Cryptocurrency analyst VisionPulsed said that Dogecoin’s rising window has been shortened to a few weeks, and if it fails to rebound in November, the current bull market may end and the market focus will turn to the downside risks in 2026. In his Nov. 5 video, VisionPulsed identified Bitcoin’s weekly moving average as a key indicator, noting: “If Bitcoin can regain the $103,000 to $104,000 range this weekend, it could lead to a rebound in Dogecoin.； However, if the price closes below $102,000 or even $100,000, it will be the first confirmation that a bear market has begun. ” Dogecoin needs a reversal VisionPulsed combined market structure and momentum analysis and pointed out that after excluding stablecoins, the market value share of mainstream tokens has completely fallen back to 2021 levels, indicating that this round of rise is nearing the end. He emphasized that this was not the only basis for judging the end of the altcoin market, but a reminder that Dogecoin was facing a critical historical juncture.  He said that the current key resistance is still Bitcoin’s weekly moving average and related signal points. “All eyes are on $103,000. ”He mentioned that the Super Trend indicator is currently in a similar position to what it was in March this year, when the price briefly fell below it but failed to close below it, thus avoiding a sell signal. ； And a similar breakdown in 2021 triggered a clear sell-off. This difference is critical. Dogecoin is highly sensitive to Bitcoin price fluctuations. Once Bitcoin falls below and closes below the moving average, Dogecoin’s limited upside window will be completely wiped out. The analyst added that although the monthly MACD has not yet crossed, the market momentum is "extremely weak, as if it is declaring the end of the cycle." He believes that there may still be a small short-term rebound, similar to the "reflection" of altcoins in past cycles. “In this bull market, every time it rebounds from the moving average, it can reach a new high,” he said, “but the premise is that Bitcoin must regain its footing before the weekly close, otherwise the rebound of Dogecoin will be difficult to occur. ”He emphasized that the time window is extremely short: “If there is no rebound in November, there is a high probability that it will not rise again in the future. ” VisionPulsed also pointed out that according to the time model, if the market is to peak in January, a rebound must start immediately. “There are only 81 days until January...and it's almost impossible to delay until early next year. ”He maintains that only a directional shift in November can support the bullish logic. Pattern analysis: May fall towards $0.05 He believes that Dogecoin’s current pattern is close to a head and shoulders top, and marked a potential “capitulation zone” of $0.05–$0.06 on the chart. If Bitcoin breaks below the weekly moving average and closes below it, "that's when Dogecoin will really start to fall," with a target range of around $0.05.  In terms of Bitcoin, VisionPulsed predicts that the magnitude of future corrections will be smaller than in previous cycles, about 65%–70%, corresponding to the range of $40,000 to $50,000. in conclusion He concluded:
At press time, Dogecoin (DOGE) was trading at $0.16297.  The Bitcoin bull market has entered the second half, and the community has opened limited-time benefits and distributed selected potential coins for free. Scan the QR code or search WeChat ID: BNB7768 to add an assistant and join the group layout immediately.  |
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