Dogecoin (DOGE) Price Prediction: DOGE Surges 40% as Analysts Eye $0.30 in June 2025
The post Dogecoin (DOGE) Price Prediction: DOGE Surges 40% as Analysts Eye $0.30 in June 2025 appeared on BitcoinEthereumNews.com.
Dogecoin is no longer just a punchline in the world of digital currencies. After a stunning 40% rally, the once-jokingly created token is now grabbing serious attention from analysts, investors, and crypto enthusiasts alike. What began as a meme has rapidly evolved into a high-performing asset, with bullish momentum, whale activity, and ETF speculation combining to create a perfect storm for Dogecoin’s upward trajectory. As eyes turn toward the $0.30 mark, the coin’s surprising rise is starting to look more like a calculated surge than a fluke. Dogecoin Price Analysis: A Breakout Sparks Bullish Momentum Dogecoin’s price recently surged to $0.24, marking its highest point since mid-May and representing a strong 40% gain over the past several days. This sharp rise follows a breakout above the 200-day exponential moving average (EMA), a technical event that often signals a major trend reversal. Dogecoin surged to $0.24, achieving a 40% gain and its highest level since mid-May. Source: Brave New Coin Backed by a spike in on-chain activity and solid trading volumes, the move appears to be more than just a speculative blip. DOGE’s 24-hour trading volume swelled to $23.35 billion—an increase of 41%—signaling robust demand. Analysts suggest that if Dogecoin holds above the key support of $0.21 and sustains this momentum, the next target range lies between $0.28 and $0.30. “Dogecoin’s breakout above major technical resistance is a clear bullish signal,” noted a TradingView analyst. “With supportive volume and positive RSI readings, DOGE may continue its upward push unless the broader market shifts.” Whale Activity and Network Growth Drive Dogecoin Value The latest Dogecoin news highlights a spike in whale accumulation. Data shows that large wallets have collectively added over 1 billion DOGE in recent days, reflecting renewed confidence from major holders. This accumulation often precedes further price appreciation and suggests…
Filed under: News - @ May 24, 2025 7:15 pm