{"id":72720,"date":"2025-06-09T11:30:56","date_gmt":"2025-06-09T11:30:56","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=72720"},"modified":"2025-06-09T11:30:56","modified_gmt":"2025-06-09T11:30:56","slug":"dogecoin-is-going-to-1-with-the-next-impulse-analyst-predicts","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=72720","title":{"rendered":"Dogecoin Is Going To $1 With The \u2018Next Impulse\u2019, Analyst Predicts"},"content":{"rendered":"

Maelius (@MaeliusCrypto) has published<\/a> a fresh weekly chart of DOGE\/USDT from Binance and\u2014despite the meme-coin\u2019s recent pull-back\u2014sees the groundwork for a textbook Elliott-wave extension that could catapult prices toward the psychological $1.00 mark<\/a>.<\/p>\n

Can Dogecoin Hit $1?<\/h2>\n

The chart tracks every weekly candle since early-2021 and puts the current market at $0.1843 after a four-week slide from the March high near $0.26. That decline has carried price straight back into a broad green \u201cdemand\u201d band that now stretches roughly from $0.12 up to $0.17. The zone once acted as heavy overhead resistance during 2022-23; Maelius notes that, after last year\u2019s breakout, it has switched polarity and is behaving as a base of demand.<\/p>\n

Two moving averages frame the structure. The 50-week exponential average (EMA 50, blue) is curling higher and sits at about $0.205, while the 200-week EMA (red) is printed at $0.1415. Price is currently wedged between the two, a configuration that often precedes a decisive expansion in volatility. Notably, a rising red trend-line\u2014drawn beneath successive higher lows since late-2023\u2014now coincides almost exactly with the 200-week EMA, reinforcing the $0.15 area as technical support.<\/p>\n

Maelius\u2019 count assigns the March 2024 spike to $0.23 as the primary wave 1, and the subsequent retreat to the October 2024 low near $0.12 as the primary wave 2. From that inflection point the analyst sees the opening stages of a third wave unfolding, but\u2014crucially\u2014he marks a smaller-degree wave 1 of that larger wave 1 peaking just above $0.48 in early December last year, followed by the present pull-back that he labels the smaller-degree wave 2.<\/p>\n

In other words, the chart shows a classic \u201c1-2, 1-2\u201d nesting: a big 1-2 at primary degree, immediately followed by a smaller 1-2 that kicks off the presumed third-of-third advance. Such a configuration is typically regarded by Elliott technicians as the most explosive setup in the entire impulse hierarchy because the next leg is the wave 3 of wave 3, a segment that can extend with the steepest slope and often delivers the bulk of a trend\u2019s price appreciation.<\/p>\n

A dashed projection ray extrapolates that third wave to the $1.10 region, before wave 4 is pencilled in as a shallow retrace to roughly $0.65 and wave 5 completes somewhere in the $1.50\u2013$1.80 range. Maelius tempers the roadmap in his accompanying post, stating he is \u201cnot a fan of hard targets\u201d but believes \u201cthis one goes towards $1 in the next impulse.\u201d<\/p>\n

Under the price pane Maelius plots the weekly WaveTrend Oscillator<\/a> (WTO). Both the fast (black) and slow (red) curves bottomed inside the highlighted oversold band in April and have since hooked sharply higher. That turn has been accompanied by a steady contraction in the crimson histogram bars; over the last two candles the histogram has in fact flipped back to light-grey on the positive side of the midline, signalling that bearish momentum is losing its grip<\/a> and that a fresh bullish impulse may be brewing.<\/p>\n

DOGE is now hovering exactly at the upper rim of the demand box. A weekly close above the EMA 50 at $0.205 would signal renewed bullish dominance and open the way to $0.26\u2014the May swing high\u2014and the mid-$0.40s cluster that halted price during the December 2024 rally. Conversely, a decisive break under $0.14 would violate the two-year ascending trend-line and postpone the Elliott count.<\/p>\n

At press time, DOGE traded at $0.18.<\/p>","protected":false},"excerpt":{"rendered":"

Maelius (@MaeliusCrypto) has published a fresh weekly chart of DOGE\/USDT from Binance and\u2014despite the meme-coin\u2019s recent pull-back\u2014sees the groundwork for a textbook Elliott-wave extension that could catapult prices toward the psychological $1.00 mark. Can Dogecoin Hit $1? The chart tracks every weekly candle since early-2021 and puts the current market at $0.1843 after a four-week […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-72720","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/72720"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72720"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/72720\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}