Recent analysis indicates that Dogecoin (DOGE) may continue to rise, relying on positive technical signals. Investors discuss analogies with previous growths observed earlier.
Signals for Dogecoin Growth
The MACD indicator has flashed a bullish signal again in late 2024, after which DOGE's price increased by over 330%. There is a probability that a similar situation will unfold in July 2025.
Chart Structure Indicates Possible Targets
A double-bottom pattern is forming on the charts, suggesting a potential price rise of DOGE to $0.48. Analysts point to key support levels that may influence the further price movement.
Overall Forecasts for Dogecoin's Future
Some analysts predict that with the support holding, DOGE could reach the $0.48–$0.50 range, and in the long term, even $1.1 by the end of 2025. Demand and liquidity are expected to play a significant role in this process.
Considering all technical analyses and positive signals, Dogecoin's future appears promising. Investors continue to monitor market dynamics, trying to evaluate how events will unfold in the coming months.
