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Breaking News: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report
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Breaking News: Cantor Fitzgerald Projects Major Growth For Hyperliquid (HYPE) In Explosive New Report

Dogecoin’s Growth Pattern Hints At Massive June–July Rally After 5-Month Pullback

Scott Matherson
Scott Matherson
Last Updated: June 8, 2025 9:36 am
3 mins read
Dogecoin

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Technical analysis of Dogecoin’s price action shows that Dogecoin bulls are currently working hard to register a break above the $0.2 resistance price level. However, beyond the immediate battle at the $0.20 resistance, a broader technical perspective presents a far more interesting possibility of Dogecoin reaching new all-time highs very soon.

Specifically, the technical analysis of Dogecoin’s monthly candlestick timeframe chart indicates that its price is currently in the formation of a rally between June and July 2025.

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Analyst Spots Recurring 3-Month Uptick, 5-Month Pullback Formation

A technical analysis of Dogecoin’s monthly candlestick chart, first shared by crypto analyst Trader Tardigrade on the social media platform X, identifies a fascinating recurring pattern for the meme coin’s price. According to the analyst, Dogecoin has now completed two price cycles since late 2023, each consisting of a 3-month pump followed by a 5-month pullback. 

This rhythmic pattern first played out between December 2023 and August 2024. Dogecoin experienced a strong price surge from December to February, followed by a prolonged pullback that lasted from March to July. It followed a similar trajectory between August 2024 up until recently in May 2025, where three months of bullish momentum were followed by five months of bearish price action.

The last monthly candlestick helped to confirm this setup, especially after May ended with a positive 11.7% close from its open price. As such, the next outlook is the continuation of this rally in June 2025. 

DOGE is now trading at $0.18. Chart: TradingView

Each of the previous 3-month rallies has produced notable upside, with the most recent cycle in 2024 pushing Dogecoin’s price from below $0.08 to a multi-year high around $0.48 in just three months. If this cyclical behavior continues, Dogecoin could be gearing up for a comparable bullish leg in June and July, which would eventually cause it to break into new all-time highs.

Chart Image From X: Trader Tardigrade

Dogecoin To Repeat History With June/July Rally

The notion that history could repeat itself is not new to crypto traders, but in Dogecoin’s case, the visual alignment of price action over time is hard to ignore. Keeping this possibility in mind, a repeat of the previous rally in Q4 2024 will be enough to send the Dogecoin price above resistance levels at $0.22, $0.3, and finally at $0.48.

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Notably, crypto analyst Trader Tardigrade projected a run-up to $0.3 in June. A successful breach above this level could confirm the start of the next bullish cycle for Dogecoin, and Trader Tardigrade projected 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.

Featured image from Unsplash, chart from TradingView

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Scott Matherson
Scott Matherson

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

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Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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