Dogecoin (DOGE) is at a crucial turning point. On one hand, technical indicators like RSI suggest a possible 500%+ rally, but on the other, June’s historical performance points to weakness. The question remains: can DOGE return to its all-time high of $0.73 amidst these mixed signals?
RSI Signals Bullish Momentum Similar to 2024
The weekly DOGE chart shows a striking similarity to the pattern seen in mid-2024, when RSI briefly crossed above 50 before retreating, followed by a 500% surge from $0.08 to $0.48. A similar RSI pattern is forming now.
If history repeats itself, Dogecoin could soar to $1.23 in the coming months, surpassing its previous ATH. However, such a move would likely take time, just like the previous uptrend.
But June Has Historically Been a Weak Month
June is statistically one of DOGE's worst-performing months, with eight consecutive years of losses between 2017 and 2024. As of now, June 2025 has only brought a modest +1.8% gain.
With this pattern in mind, a major breakout this month seems unlikely, especially if the market continues to mirror seasonal trends.
Best Time for a Rally? Likely Q4 2025
Dogecoin’s strongest shot at reclaiming ATH may come in Q4 2025, a period when most cryptocurrencies historically recover. If the 500% uptrend outlined in the RSI materializes then, DOGE could top $1 before the year ends.
28% of Holders Are Underwater – A Sign of a Bottom?
The MVRV (Market Value to Realized Value) metric shows that DOGE investors from the past year are down by around 28%. Such deeply negative readings often signal an accumulation phase and a potential bottom.
This exact scenario played out before DOGE’s last big rally. Though recovery may take months, the setup indicates a possible long-term bullish breakout.
Summary: Big Potential, but Patience Needed
Technical signals suggest Dogecoin could climb past $1 again, especially if the RSI and MVRV history repeats. But June remains a historically weak month, and DOGE must hold above $0.13 to preserve the bullish outlook.
#Dogecoin , #DOGE , #memecoin , #CryptoMarket , #CryptoPredictions
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“