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Technical Analysts Highlight Dogecoin Price Rally Potential, Here is the Target

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May 31, 2025
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Technical Analysts Highlight Dogecoin Price Rally Potential, Here is the Target
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An expert crypto trader forecasts that Dogecoin (DOGE) will rally to $0.34 in June 2025. His bullish outlook aligns with on-chain data from Santiment after social volumes increased by 12% within 24 hours despite a negative outlook across the broader crypto market. DOGE trades at $0.18 with a 9% intraday loss. The ongoing decline in Dogecoin price coincides with Bitcoin shedding its gains, as most crypto tokens edged lower on Saturday. Expert Predicts 60% Dogecoin Price According to analyst Olivier Maximus on X, the price of Dogecoin may reach $0.34 in June if it meets certain conditions. In his analysis, Maximus stated that DOGE will have to make a downsizing first before it can rally higher and attain this price target in the coming weeks. The swing low will push Dogecoin price to the lower support level of a descending parallel channel, per the analyst. Once it tests this support,… Read More at Coingape.com

The post Technical Analysts Highlight Dogecoin Price Rally Potential, Here is the Target appeared first on CoinGape.

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