Dogecoin has been struggling in its price performance since early June, but experts predict a potential major rally to new highs.
Crypto analyst Javon Marks foresees a significant spike in Dogecoin's price during this bull market cycle, with a target of $2.28.
Key indicators, including on-chain signals and technical setups, support the idea of Dogecoin rebounding and rallying strongly in the near future.
Analyst João Wedson highlights factors such as the 500-day Aggregated Liquidation Level, DOGE/BTC pair, and Meme Index as indicators for Dogecoin's bullish journey.