Dogecoin is one of the most popular cryptocurrencies, patiently waiting for a breakout. The token has consistently failed to break through the price threshold of $0.20 to $0.22, raising concerns among investors about when it will truly enter a bull market. Although the likelihood is low, noted cryptocurrency analysts believe that Dogecoin is about to break out, with signs of a breakout already emerging. What is Dogecoin's new price target? Let’s wait and see. Dogecoin: New Price Target Revealed
Dogecoin is currently priced at $0.19, having increased by 2% in the last 24 hours. The token has fallen by 12% over the past seven days but has risen by 11% over the past month. Despite Dogecoin's recent weak performance, several prominent analysts, including Javon Marks, predict that Dogecoin will show an upward trend. For example, Marks had previously predicted that Dogecoin is expected to rise by 215% and may soon soar to a new high of $0.73.
"Based on previous Dogecoin bull market cycles and similar trends in this bull market, it is expected to rise nearly 215% again, reaching $0.73905⚡️. $DOGE."
Marks recently retweeted an article on X, adding that Dogecoin is slowly approaching the aforementioned high and will soon reach a minimum target of $0.73.
History suggests that $DOGE will at least drop to $0.73905. Dogecoin's price may rise soon…
In addition, another noteworthy cryptocurrency analyst, Ali Martinez, has expressed similar views. Martinez pointed out that according to the latest charts, Dogecoin is brewing to set a new high and may first reach $0.31.
"Dogecoin $DOGE appears to be breaking out of a bullish triangle flag, which suggests a target price of $0.31."
Token Technical Analysis
According to CoinCodex data, Dogecoin may first soar to $0.20 on June 10, 2025.
By the end of June or the first week of July, Dogecoin may soar to $0.23.
Based on our current price prediction for Dogecoin, we expect its price to rise by 17.81%, reaching $0.233459 by July 3, 2025. According to our technical indicators, the current market sentiment is bearish, while the Fear and Greed Index shows a score of 64 (Greed). Over the past 30 days, Dogecoin has had a price volatility of 10.27%, with gains on 16 out of 30 days, totaling a rise of 53%. According to predictions for Dogecoin, now is not the best time to buy Dogecoin.
