Dogecoin’s Weekly Chart Flashes a Rare Technical Signal

Dogecoin’s weekly chart is showing a signal that stands out for its rarity. Crypto analyst Cryptollica highlighted that DOGE’s weekly RSI has dropped to around 33.6, a level that has appeared only four times over the past 11 years. According to him, this makes the current setup statistically unusual compared to most of Dogecoin’s trading history.

Why a Weekly RSI Matters More Than Short-Term Signals

A weekly RSI reading this low suggests prolonged selling pressure rather than short-term volatility. Unlike intraday or daily RSI dips, weekly signals reflect broader market trends and investor behavior over extended periods. This indicates that sellers have dominated for a sustained time, increasing the significance of the signal.

Dogecoin Price Context Today

At the time of writing, Dogecoin was trading near $0.129, down modestly on the day. While the price action itself appears unremarkable, the technical backdrop is what has drawn attention from analysts watching longer-term market structure.

Historical RSI Signals and What Followed

Cryptollica pointed out that similar weekly RSI levels appeared in early May 2015, March 2020, mid-June 2022, and now. In each case, the signal emerged during periods of stress or capitulation, though price reactions were not immediate and required patience.

The 2015 Signal Came Early but Proved Directionally Correct

In May 2015, Dogecoin traded near $0.000087 amid negative sentiment after co-founder Jackson Palmer distanced himself from the crypto space. The market drifted for a long time before eventually participating in the 2017–2018 bull run, during which DOGE briefly reached $0.017, marking a massive gain from its oversold level.

The 2020 RSI Low Preceded Dogecoin’s Historic Rally

During the March 2020 COVID market panic, DOGE traded around $0.001537. As liquidity returned and risk appetite recovered, Dogecoin surged into its 2021 cycle peak, hitting $0.7316. That move represented roughly a 47,000% increase from the RSI exhaustion zone.

The 2022 Bear Market Signal Led to a Milder Recovery

By mid-June 2022, Dogecoin had fallen to around $0.053 amid a broad crypto bear market. The recovery unfolded in stages, driven by speculation around Elon Musk and renewed meme-coin interest. By March 2024, DOGE reached approximately $0.220, delivering a gain of over 300% from the 2022 low.

What the Current Setup Suggests

As of December 16, 2025, Dogecoin’s return to this rare weekly RSI zone places it in a similar psychological territory to past seller-exhaustion points. Supporters of the signal argue that risk-to-reward dynamics may be quietly improving, even if confirmation has not yet arrived.

RSI Is a Warning, Not a Timing Tool

Despite the historical pattern, RSI alone does not guarantee a reversal. Oversold conditions can persist, especially on higher timeframes, and broader market weakness can invalidate even rare signals. Weekly indicators can linger, mislead, or resolve painfully slowly.

A Setup, Not a Conclusion

For now, Dogecoin’s weekly RSI represents a potential setup rather than a definitive outcome. If price begins reclaiming and holding key levels, the signal may gain credibility. If weakness continues, it will join many early technical ideas that were directionally interesting but costly in the short term.

DOGE2.22%
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