Dogecoin continue im historical June fall; Analysts and Machine Learning talk say e fit bounce back even with plenty shakiness
Dogecoin (DOGE) still dey do somehow for June 2025, don drop over 4% dis month. As history take show, June na normally the worst month for DOGE, with average profit of -7.11% and median profit of -8.56%. Past years, e even drop more, like 21.9% in 2024 and over 23% for both 2022 and 2021, even when market dey do well. Technical analysis bin suggest say e fit rise after small pullback, but as market dey now, people still dey bearish, because of global economic wahala and U.S. taxes. Even as price dey weak, Dogecoin futures open interest still dey above $1.9 billion, meaning traders still dey active. Coincodex machine learning models say DOGE fit bounce back above $0.21 by end of June, meaning e fit recover small for short time. But if market general feeling no change, the price go still follow the bad historical trend. Traders suppose watch key support levels, open interest, and momentum indicators well well for smart chances.
Bearish
Dogecoin don historically, naim worst performance for June month, wit big drop for 2021, 2022, and 2024. For this June 2025 we dey, the pattern still dey go on wit 4%+ drop, and overall market mood still bad because of global money wahala and US government tax. Even though technical analysis don talk say e fit get small rally before, and machine learning models talk say e fit bounce reach above $0.21, all dis depend on if market mood go change generally. Until dat change happen, wetin history show and wetin dey happen now, dey suggest say price fit still go down or just dey stable. Plenty open interest show say people still dey look am, but no mean say price go rise sharp sharp. So, for short-term, the outlook still bad, but e fit bounce small if things improve.