The cryptocurrency market is finally setting in, displaying signs of life as Bitcoin comes close to hitting $…

The cryptocurrency market is finally setting in, displaying signs of life as Bitcoin comes close to hitting $ 110K. At the same time, BTC has breached a new high of $107K, paving the way for the altcoins to show their mettle and work towards hitting new price targets. Dogecoin (DOGE) is also currently carving its own independent price path, taking its time to hit new high price spots. Will it be able to claim a new ATH before May 25, 2025?

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Dogecoin: New Developments

Dogecoin is currently sitting at $0.22, up 2% in the last 24 hours. The token has surged nearly 43% in the last month, showing signs of vitality after a brief period of dormancy or inactivity. The token is also a part of a bigger ETF race, a narrative that is set to help DOGE score new highs. However, in the latest development, the US SEC has delayed the launch of Dogecoin and XRP ETFs, hitting a pause on the development, citing further analysis. In a newly published statement, the US SEC shared how the organization needs further time to analyze the risks involved to protect investors from further harm.

At the same time, the Dogecoin price is also showing mild price activity in the current phase. Per notable cryptocurrency analyst Ali Martinez, Dogecoin is currently in the process of forming a falling wedge, which is indicative of an imminent 20% price hike.

#Dogecoin $DOGE appears to form a falling wedge, anticipating a 15% price move! pic.twitter.com/S5UsHYZUwp

— Ali (@ali_charts) May 18, 2025

Dogecoin is also documenting increased whale activity, with whales pocketing nearly $1 billion in DOGE tokens in the last month. The network is also encountering a rise in active addresses and transaction volume, showcasing their undue trust in the token.

#Dogecoin $DOGE is seeing a rise in active addresses, transaction volume, and whale activity. All bullish signals that could support further upside! pic.twitter.com/pRHObYo60J

— Ali (@ali_charts) May 16, 2025

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DOGE Price Analysis for Q2, 2025

The token is expected to hit $0.18 by June 20, 2025.

“According to our current Dogecoin price prediction. The price of Dogecoin is predicted to drop by -17.29% and reach $ 0.187917 by June 20, 2025. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 71 (greed). Dogecoin recorded 14/30 (47%) green days with 12.82% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”

Per CoinCodex, Dogecoin (DOGE) may sit at the $0.17 price mark by June 30, 2025, downgrading from its present price level of $0.22.

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