Dogecoin Shows Signs of Potential June-July Rally Following 5-Month Pullback

Dogecoin is attempting to break above the $0.20 resistance level, with technical analysis indicating potential for new all-time highs. Key points include:

The monthly candlestick chart shows a pattern of 3-month price surges followed by 5-month pullbacks.
This cycle has occurred twice since late 2023, with significant price increases observed in previous cycles.
The last monthly close was positive, suggesting a forthcoming rally in June 2025.
Historical patterns indicate potential price targets of $0.22, $0.30, and possibly reaching $0.48.
Current Dogecoin trading price is $0.184, reflecting a 0.5% increase over the last 24 hours.