Dogecoin is changing hands near $0.198 on Wednesday afternoon in Europe, almost 20 % below its late-March high yet still clinging to an eleven-month up-trend that now converges with a formidable technical inflection, according to independent analyst “VisionPulsed.”
Is This Dogecoin’s Summer Liftoff?
Speaking in a 10 June video, the analyst told viewers he had been “making the case that the first two weeks of June should be when we start moving up—if we’re bullish. He conceded that “there is a chance the move has started” after Dogecoin closed a two-day candle back above the 0.618 Fibonacci retracement drawn from the December 2024 swing high.
The backdrop VisionPulsed describes is notably risk-on. Bitcoin is hovering around $109,500, roughly 3% shy of its all-time high, while Ethereum has punched out a fresh twelve-month high above $2,790. In equities, the S&P Small-Cap 600—an index the analyst referenced when he quipped that “the S&P broke 600 y
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