The popular cryptocurrency analyst Kaleo has shared his insights on the future of Dogecoin (DOGE), predicting a significant surge in its value. Despite being seen as "boring" by many, Kaleo highlights Dogecoin's historical patterns, which suggest that it is due for a major breakout. He notes that DOGE has spent most of its existence trading sideways or downwards but has experienced two significant surges in the past, with gains of 6000% and 30,000%.

Kaleo believes that the current sideways trend is similar to the periods before the previous breakouts and that Dogecoin may be preparing for another massive surge. He anticipates a potential short-term correction before the next major rally, drawing parallels with a similar trend in August 2020. Kaleo expects Dogecoin to eventually reach $1 to $2, but notes that historical trends suggest there is still time before this happens.

Crypto analyst Kriss Pax also shared his analysis of Dogecoin's price action, looking at past trends and forecasting future movements. Pax acknowledges that June was a challenging month for Dogecoin and other cryptocurrencies but notes that the market has shown resilience. He highlights several key technical patterns and indicators, including a local bottom at 11.44 cents and a potential breakout towards the end of August.

Pax predicts that Dogecoin will continue its sideways action in July with some volatility and may test its support level at 11.85 cents. He advises investors to remain patient and avoid excessive leverage, emphasizing the importance of holding spot positions and not capitulating during market downturns. Pax expects a brighter horizon for Dogecoin, with a significant breakout later in the year.

In conclusion, both Kaleo and Pax predict a promising future for Dogecoin, with potential gains of up to $1-2. While there may be short-term corrections, the analysts advise investors to remain patient and hold onto their positions. With historical trends suggesting a major breakout, Dogecoin may be preparing for a significant surge in the "memecoin supercycle".