Dogecoin Bounces from 600-Day Trendline, Analysts Target $0.30-$0.35 in July

Dogecoin is experiencing a surge after bouncing off its 600-day trendline. Analysts are optimistic about potential price increases, targeting a range of $0.30 to $0.35 by the end of July. This move aligns with the cyclical pattern that has repeatedly seen Dogecoin experience three-month climbs followed by five-month dips in recent years. 2023 and 2024 data suggests this upward cycle is forming again.