Dogecoin Primed for Explosive Summer Rally After 5-Month Slump
Memecoin's historical patterns suggest a June–July surge could be brewing—just in time for traders to forget last quarter's losses.
After a brutal five-month pullback, DOGE's chart is flashing familiar signals that preceded past parabolic runs. Cue the 'this time it's different' crowd.
Will history repeat? The charts say maybe. Your portfolio says pray. Because nothing fuels crypto rallies like desperation masked as technical analysis.
Analyst Spots Recurring 3-Month Uptick, 5-Month Pullback Formation
A technical analysis of Dogecoin’s monthly candlestick chart, first shared by crypto analyst Trader Tardigrade on the social media platform X, identifies a fascinating recurring pattern for the meme coin’s price. According to the analyst, dogecoin has now completed two price cycles since late 2023, each consisting of a 3-month pump followed by a 5-month pullback.
This rhythmic pattern first played out between December 2023 and August 2024. Dogecoin experienced a strong price surge from December to February, followed by a prolonged pullback that lasted from March to July. It followed a similar trajectory between August 2024 up until recently in May 2025, where three months of bullish momentum were followed by five months of bearish price action.
The last monthly candlestick helped to confirm this setup, especially after May ended with a positive 11.7% close from its open price. As such, the next outlook is the continuation of this rally in June 2025.
Each of the previous 3-month rallies has produced notable upside, with the most recent cycle in 2024 pushing Dogecoin’s price from below $0.08 to a multi-year high around $0.48 in just three months. If this cyclical behavior continues, Dogecoin could be gearing up for a comparable bullish leg in June and July, which WOULD eventually cause it to break into new all-time highs.
Chart Image From X: Trader Tardigrade
Dogecoin To Repeat History With June/July Rally
The notion that history could repeat itself is not new to crypto traders, but in Dogecoin’s case, the visual alignment of price action over time is hard to ignore. Keeping this possibility in mind, a repeat of the previous rally in Q4 2024 will be enough to send the Dogecoin price above resistance levels at $0.22, $0.3, and finally at $0.48.
Notably, crypto analyst Trader Tardigrade projected a run-up to $0.3 in June. A successful breach above this level could confirm the start of the next bullish cycle for Dogecoin, and Trader Tardigrade projected a peak price above $0.75 in July 2025. At the time of writing, Dogecoin is trading at $0.184, with a price increase of 0.5% in the past 24 hours.
Featured image from Unsplash, chart from TradingView