Could DOGE Hit $1.1 By June 2025? Dogecoin’s Price Surge Could Mirror 2017 Growth
Dogecoin’s price surge ahead? Despite recent drops, analysts predict a potential surge toward $1.1 based on past growth patterns and strong technical indicators.
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Recently a number of analysts have predicted Dogecoin’s price surge in the coming months. Experts have noticed trends that indicate DOGE may mirror its past growth pattern, possibly hitting new price levels. This optimism is based on historical market cycles, which hint at the possibility of a bull run. Technical indicators and various analyses show that Dogecoin is currently at a crucial point. Key support levels and reversal signals suggest a potential price rise, possibly marking the beginning of an upward trend for DOGE.
Dogecoin’s Bullish Potential: Can It Reach $1.1 by June?
Based on the data from Coingecko Dogecoin is currently the largest memecoin by market capitalization. DOGE is also the 9th cryptocurrency in total and is trading near $0.174 as of writing this. This coin also has recorded a 1% daily price increase and has a 24-hour range of $0.1666 to $0.1744. Just like the rest of the crypto market, DOGE has seen a decline in the past month. This coin has lost almost 40% of its value as it was trading at $0.287 a month ago.
However, there might be a price rebound on the horizon as analysts believe DOGE could reach $1.1 in June. This is because the coin has been displaying a similar price movement to 2017 when its price experienced explosive growth. Master Kenobi published an X post on March 17 where they shared their analysis on DOGE price prediction. They found similar price patterns in the current cycle and Dogecoin’s 2017 market cycle. Based on their analysis DOGE has experienced two surges in both market cycles which are similar in value of duration.
Dogecoin’s 2017 Echo: Could History Repeat Itself in 2025?
They stated, “The current pattern on the DOGE chart rhymes very well with the 2017 pattern.”. Further explaining “The bull market back then consisted of two roughly equal pumps, both in terms of value and duration.”. “I’ve marked them on the chart on the left with two yellow, equal, and parallel lines to illustrate this point.” Master Kenobi added.
💡 WHEN DOGE?
— Master Kenobi (@btc_MasterPlan) March 17, 2025
The current pattern on the DOGE chart rhymes very well with the 2017 pattern. The bull market back then consisted of two roughly equal pumps, both in terms of value and duration. I’ve marked them on the chart on the left with two yellow, equal, and parallel lines… pic.twitter.com/Qra9wDan1o
They further go into the details and explain how by projected the same trajectory of price movement in the current chart. This pattern that follows the 2017 movement points to a peak of $1.1 at the beginning of June. Of course, this projection can prove to be false, however, a general bullish sentiment is likely. Prediction of a future uptrend is also supported by technical indicators as DOGE has hit its 200-day moving average. This MA line is historically a key support of DOGE’s price movement, increasing the chance of a bull run.
The Countdown to Dogecoin’s Next Big Move
Other crypto analysis also have shared their own DOGE price prediction which supports a general bullish sentiment in the future. DOGECAPITAL shared their analysis of how DOGE starts a reversal every four years after it reaches a key support line. As such this price cycle also seems to be reaching a similar point where a Dogecoin’s price surge is expected. Another point of view also reaffirms this as Trader Tardigrade shared their analysis in a social media post. They stated that Dogecoin’s weekly candle has closed on a Doji pattern which signals reversals. They further mention that this pattern is seen before rallies.
Is Dogecoin Poised for a Rebound?
DOGE holds promise for future growth, as although its price has fallen sharply over the past month, there are signs of recovery. Experts point to price patterns resembling those from the 2017 bull run, predicting a rise toward $1.1 soon. Technical indicators and support levels further back this optimistic view, offering hope for a price rebound. However, the broader market sentiment might be bearish, so investors should stay cautious of the chance for a reversal.
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