Can Dogecoin (DOGE) Hit a New All-Time High in 2025?

Updated

June 4, 2025

Gambar Can Dogecoin (DOGE) Hit a New All-Time High in 2025?

Jakarta, Pintu News – Dogecoin may be repeating a historical pattern, as technical indicators point to a potential rebound.

However, given that June is usually one of the worst periods for the Dogecoin price, will the meme coin be able to regain its high before the end of 2025, or will the downward trend continue?

As of June 3, 2025, Dogecoin was trading at $0.194 with a gain of 3%. The largest meme coin is starting to show a recovery as the total meme coin market capitalization grew by $3 billion.

Dogecoin Price Analysis when RSI Indicates a Rebound

Dogecoin’s weekly price chart shows that the meme token may have hit a local bottom.

The RSI (Relative Strength Index) indicator followed the same pattern as in the third quarter of 2024, before the 500% price spike.

At that time, the RSI briefly rose above the 50 mark, then fell back into the bearish zone, before the bulls took over and pushed the price up from $0.08 to $0.48 within five months.

This pattern was seen again in early May, when Dogecoin’s RSI briefly rose above 50, but then fell back into bearish territory. Currently, the RSI is starting to point north again – similar to where it was in August 2024, before the significant price spike.

If history repeats itself, the Dogecoin price could potentially rise by more than 500% to reach $1.23. If this were to happen, Dogecoin would set a new record high, and as before, a price spike of this magnitude would likely take several months to build.

However, if the price of DOGE drops below the crucial $0.13 support level, the above bullish scenario could be invalidated. This downward trend could occur if the “double-top” pattern on the Dogecoin chart-as analyzed by CoinGape-proves to be correct and selling pressure increases in the near future.

June Monthly Performance History Could Hinder Rise to ATH

June has historically been one of the worst periods for Dogecoin, having recorded negative returns for eight consecutive years from 2017 to 2024, according to an analyst named MAXPAIN on the X platform.

To date in June 2025, the DOGE price has only recorded a slight increase of 1.8%.

The crypto market is known for repeating historical patterns, and with bearish signs reappearing in June, this could hamper Dogecoin’s potential to make a significant run towards an All-Time High .

The best chance for Dogecoin to reach ATH before the end of 2025 will likely come in the last quarter of the year, when the prices of most cryptocurrencies typically experience a recovery.

If the 500% spike depicted on the weekly chart actually happens in those few months, then the DOGE price has the potential to break the ATH level above $1 towards the end of the year.

28% of Dogecoin Holders Lost Money – Signaling a Bottom?

The Market Value to Realized Value (MVRV) ratio shows that Dogecoin holders who bought in the past year are losing an average of 28%.

Such large losses often signal the formation of a bottom and become an accumulation zone for long-term investors.

Last year, before Dogecoin’s 500% price surge began, MVRV was also deep in the negative zone-similar to the current situation. That decline was then followed by a significant upward trend that pushed the Dogecoin price to its highest level in years.

If the historical pattern repeats itself, this negative MVRV could be a sign of the beginning of an uptrend. However, this bounce off the bottom is usually not instantaneous and can take several months.

This further strengthens the notion that a rebound to the highest price (ATH) may not happen anytime soon, but is still possible before the end of the year.

In conclusion, Dogecoin’s current RSI movement reflects a pattern that precedes a price surge of over 500% in the second half of 2024.

If history repeats itself, DOGE could surge up to $1.23. However, challenges remain in June, which is historically one of the worst performing months for this altcoin.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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