Bitcoin Galaxy’s chart also shows that Dogecoin has long held a critical support level despite market turbulence, showing strength and resilience. The last time this support was tested and held, the meme coin experienced a price increase of approximately 20,399%.
This timeline places June and July in a critical window, which the analyst suggests could see strong bullish action and likely trigger the start or middle of DOGE’s projected rally phase. With these signals aligned, Bitcoin Galaxy believes that Dogecoin is set for a surge to $5, representing a 1,983% increase from its current market price.