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Dogecoin Price Prediction – Is a 2x Rally Coming for DOGE?

Dogecoin Price Prediction – Is a 2x Rally Coming for DOGE?

Dogecoin (DOGE) is under the microscope again as traders look for opportunities in a market that’s showing mixed signals.

Today’s analysis dives into the latest price movements, chart patterns, and what traders can expect next from this popular meme coin.

Dogecoin Price Analysis

Dogecoin (DOGE) has shown a mix of price movements recently. Over the last 24 hours, DOGE dropped 2%, bringing its weekly performance to a near flat level with a slight 1% gain.

The short-term recovery featured a lovely micro uptrend that revealed some buying interest and created a higher low that initially served as support.

Source – Cryptonews YouTube Channel

Zooming out, the trend looks more bearish. Dogecoin dropped 13.39% over the past month, wiping out the short-term uptrend as the price fell through key higher lows from the recent rally.

The daily chart backs this downtrend, showing that DOGE now trades below all major moving averages—often a bearish signal. Although DOGE showed strength for six to seven days, that momentum has now faded.

DOGE recently broke below the micro higher low at $0.18892. This kind of breakdown usually marks a trend reversal and indicates a shift from bullish to bearish momentum. Since early May, DOGE has trended downward, with only a short-lived “opium pump” attempting—and failing—to reverse the slide.

Dogecoin Price Prediction

Current technicals and market signals point to a bearish near-term outlook for Dogecoin. If the breakdown below $0.18892 confirms a trend reversal, the chart suggests another 4.3% decline ahead. This forecast matches the broader downtrend that has taken shape since early May.

In the longer term, a long-term ascending triangle might still form over the next year and create the setup for a breakout, but this scenario remains far off and uncertain.

Externally, the market is closely watching upcoming SEC decisions on several crypto ETFs, including one tied to Dogecoin. With June deadlines approaching, these rulings could act as bullish catalysts.

However, most analysts think a Dogecoin ETF remains premature, especially given the recent approvals for Bitcoin and Ethereum. Still, they expect regulators won’t ignore Dogecoin forever, which could influence future price moves.

Despite DOGE’s past peaks of $67 billion, $69 billion, and even $73 billion in valuation—compared to the current $28 billion—its price action hasn’t delivered the explosive gains seen in previous cycles since December.

Returning to December’s price would mean just over a 2x increase from today, but that isn’t likely in the immediate future.

Given current conditions, short-term trades offer the clearest path to profits. Traders may find more success by scalping DOGE and targeting the expected 4.3% drop rather than waiting for a long-term breakout right now.

Next Meme Coin to Explode: Solaxy (SOLX)

One of 2025’s biggest presales may be happening right now. Solaxy (SOLX) is closing in on $50 million raised, and only two days remain before $SOLX goes live on exchanges. The hype around this Solana Layer-2 project keeps growing.

Most Layer-2 projects just bundle transactions and stop there. Solaxy’s team is going further. Their roll-up tech gathers thousands of Solana transactions, compresses them, and sends back a summary—but they didn’t stop at that.

They also built a fast and easy bridge powered by Hyperlane. It lets users move assets between Solana, Ethereum, and Solaxy without switching wallets or waiting for long confirmations.

Another standout feature is the Igniter Protocol. It lets anyone create a meme coin without writing code. Once created, the coin will show up on Solaxy’s upcoming DEX as soon as trading begins.

Solaxy also offers tools for developers, including a real-time block explorer. The $SOLX token powers the entire system—it covers transaction fees, powers governance votes, and ties everything together. This isn’t a random mix of features—it works as a full ecosystem.

The $SOLX presale ends on Monday, June 16 at 2PM UTC. While the official launch date isn’t out yet, Solaxy plans to launch the Layer-2 network and start trading $SOLX at the same time.

You can still buy $SOLX tokens for $0.001758 each—but this is the final set price before the market decides the value. On June 12, the team made a big move by burning 35 billion $SOLX tokens—worth around $62 million at presale prices. That’s about 25% of the total supply gone.

Visit Solaxy

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