The post Dogecoin Price Could Reach $1.05 As Early As June – Analyst appeared on BitcoinEthereumNews.com.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After several weeks of consolidation, Dogecoin has again started to climb, with its price almost doubling in a 30-day timeframe. This sudden rally comes behind a wider inflow into the crypto market, with many bullish indicators now surfacing on Dogecoin’s price chart. For a coin that has mostly hovered between $0.15 and $0.20 in April, the idea of hitting the $1 mark by early June sounds very extreme. Yet one analyst believes this scenario is possible and likely and has backed it up with previous Dogecoin price action. Master Kenobi Compares 2025 to 2017 Cycle With Accelerated Timeline In a post shared on the social media platform X, crypto analyst Master Kenobi outlined his bold prediction by drawing a parallel between Dogecoin’s current price structure in 2025 and its price performance during the 2017 cycle. His analysis focuses on Dogecoin’s second major leg-up in 2017, which began after a 70-day consolidation period followed by a massive 850% rally over 45 days.  According to the chart shared, the current price structure is following the same pattern but at twice the speed. The initial 70-day phase is now compressed into 35 days, and the expected bullish breakout phase will last just 22 days. Source: Master Kenobi on X The side-by-side chart comparison featured in the analysis illustrates this comparison vividly. On the right side of the chart, the 2017 pattern shows a 220% gain in 70 days, followed by the massive 850% breakout that peaked at a new all-time high at the time.  The current price action strongly resembles this movement at a faster pace. On the left side of the chart, 2025’s structure shows a clean breakout from the lower channel, leading to a 90% increase in just…

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Filed under: News - @ May 13, 2025 2:23 am