Technical analysis of Dogecoin's price action indicates that bulls are working to break above the $0.2 resistance level. A broader technical perspective suggests that Dogecoin could reach new all-time highs soon. The monthly candlestick timeframe chart shows that Dogecoin's price is forming a rally between June and July 2025. A recurring pattern has been identified by crypto analyst Trader Tardigrade, where Dogecoin's price consists of a 3-month pump followed by a 5-month pullback. This pattern has played out twice since late 2023, with the most recent cycle pushing Dogecoin's price from below $0.08 to a multi-year high around $0.48. The last monthly candlestick confirmed this setup, especially after May ended with a positive 11.7% close from its open price. If this cyclical behavior continues, Dogecoin could be gearing up for a comparable bullish leg in June and July, breaking into new all-time highs. A repeat of the previous rally in Q4 2024 could send the Dogecoin price above resistance levels at $0.22, $0.3, and finally at $0.48. Crypto analyst Trader Tardigrade projected a run-up to $0.3 in June and a peak price above $0.75 in July 2025. At the time of writing, Dogecoin is trading at $0.184, with a price increase of 0.5% in the past 24 hours, and a successful breach above $0.3 could confirm the start of the next bullish cycle for Dogecoin.
newsbtc.com
newsbtc.com
bsky.app
Crypto News on Bluesky @crypto.at.thenote.app
Create attached notes ...
