Analysts are focusing on Dogecoin, predicting a potential rise to significant levels by year-end despite current price stability.
Signals for Dogecoin's Growth
In a livestream on June 9, analyst VisionPulsed suggested Dogecoin could be preparing for its biggest breakout yet, potentially reaching $0.90 or even $1 by year-end. He noted that the sideways action between $0.17 and $0.20 indicates latent strength. "Flat markets build pressure," he explained.
Macroeconomic Factors
The analyst also pointed to several macro trends that could align with Dogecoin's next move: rising global liquidity, strong equity markets, and the post-halving timeline for Bitcoin. Together, these factors suggest that risk appetite remains healthy — a crucial ingredient for memecoin rallies.
Forecasts and Timelines
According to VisionPulsed, the breakout is likely to occur between October and December, roughly corresponding with the typical peak of Bitcoin's four-year cycle. This timing could mark the final explosive rally for Dogecoin in this market cycle.
Analyses indicate the presence of factors that could support Dogecoin's growth in the coming months, highlighting the importance of both technical dynamics and macroeconomic conditions.
