Dogecoin Bounces From 600-Day Trendline Again, Here’s Why Analysts Are Targeting $0.30 to $0.35 i...

Dogecoin repeats its 3-month pump, 5-month pullback cycle, signaling potential July upside.

DOGE bounces from a 600-day rising trendline, with analysts eyeing $0.30–$0.35 near-term targets.

Breakout patterns like the ascending wedge and inverse H&S support a possible move toward $1.10.

Dogecoin is showing signs of continuing its long-standing price cycle, with a three-month upward move followed by a five-month correction. This pattern has repeated over the past two years, and current chart structures suggest it may be forming again. Traders are monitoring price behavior closely to see if DOGE will follow this trend into July.

Historical Price Cycle Suggests Upward Momentum

According to analysis prepared by Trader Tardigrade and shared via X, Dogecoin’s current structure mirrors past price movements. The pattern of a three-month pump followed by a five-month pullback has occurred multiple times between 2023 and 2024

The most recent five-month correction ended in May 2025, placing the current phase at the potential beginning of another upward cycle. The DOGE/USD chart on a 3-day timeframe shows consistent bounces from a rising trendline that has held for over 600 days

This long-term support area has repeatedly acted as a base for rallies. If the cycle continues, Dogecoin may rise through June and July. Analysts suggest $0.30 to $0.35 as the potential targets during this pump phase, based on previous cycles.

Technical Setup Aligns With Breakout Indicators

According to an observation by Bitcoinsensus on X, Dogecoin is trading within a large ascending wedge and has recently bounced from the wedge's support. This pattern has historically triggered rallies of 290% and 440% after similar bounces

Source: Bitcoinsensus(X)

If repeated, the projected move could take DOGE toward $1.10 over the coming months. Other chart patterns, such as the Inverse Head and Shoulders on the daily chart, also suggest trend reversal possibilities

The neckline around $0.17 has already been breached and retested. Increased volume, combined with this structural breakout, supports the case for a continued move. As of now, Dogecoin remains in a phase where historical and technical patterns point to the potential for further upward movement.

The post Dogecoin Bounces From 600-Day Trendline Again, Here’s Why Analysts Are Targeting $0.30 to $0.35 in July appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.