Dogecoin Hits Weekly RSI Level Seen Only 4 Times In 11 Years

The weekly chart for Dogecoin shows a signal that could be of greater significance due to its rarity. Crypto analyst Cryptollica pointed to DOGEโ€™s weekly RSI tagging roughly 33.6 and claimed that level has shown up only four times in 11 years. โ€œDOGE WEEKLY RSI. 4 times in 11 years ..,โ€ he posted.

What This Means For The Dogecoin Price

DOGE, for context, was trading around $0.129 at the time of writing, down roughly mid-single digits on the day.
The hook is simple: a weekly RSI that low usually means sellers have been in control for a while โ€” and on a weekly timeframe, that kind of pressure tends to carry more weight than intraday noise. This isnโ€™t โ€œRSI brushed 30 on a 15-minute candle.โ€ Itโ€™s slower, heavier, and tied to the bigger trend.

Dogecoinโ€™s weekly chart flashes rare RSI signal | Source: X @Cryptollica

Still, itโ€™s not quite as plug-and-play as the screenshot makes it look. Cryptollicaโ€™s point is that the same zone showed up around (1) early May 2015, (2) March 2020, (3) mid-June 2022, and (4) now. The post is the spark; what traders actually care about is what happened next. And this is where Dogecoinโ€™s history getsโ€ฆ very Dogecoin.

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On May 6, 2015, DOGE was quoted around $0.000087. Beyond the price being basically dust, the backdrop was messy: weeks earlier, Dogecoin co-founder Jackson Palmer said he was stepping away from the crypto community, calling out what he described as a โ€œtoxicโ€ culture.

The bounce didnโ€™t show up on schedule. DOGE drifted for a long time, then later caught the 2017โ€“18 mania, briefly touching $0.017 on Jan. 7, 2018. From roughly $0.000087, thatโ€™s about +19,000% to that local-cycle high โ€” a good reminder that โ€œoversoldโ€ on a weekly chart can show up early and still end up pointing the right way.
In mid-March 2020 (peak COVID panic), DOGE traded around $0.001537. When the panic eased and liquidity returned to markets, DOGE went on to print its next cycle top at $0.7316 on May 8, 2021.

Thatโ€™s roughly +47,000% from the March 2020 level to the 2021 high. Itโ€™s also the stretch where DOGE stopped being โ€œjustโ€ a joke coin and started behaving like a retail risk-on barometer โ€” with Musk-era attention pouring gasoline on it.

By mid-June 2022, the bear-market washout was in full effect. DOGE was around $0.053. The recovery came in waves: a late-2022 pop tied to Musk/Twitter speculation and broader risk-on bursts, then a bigger 2024 meme-led rip.

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By March 28, 2024, DOGE was back around $0.220 โ€” roughly +315% from the June 2022 level to the next notable local high. Not 2021-level insanity, but still a real multi-x.

And now, as of Tuesday, Dec. 16, 2025, Dogecoin was changing hands around $0.129. The โ€œsignalโ€ crowd will look at that weekly RSI print and argue the market is back in the same psychological neighborhood as those prior exhaustion points.

The bullish case writes itself: if this weekly RSI zone has tended to show up near seller fatigue in the past, then seeing it again could mean risk/reward is quietly shifting. Not a promise โ€” more like a reason to stop ignoring DOGE and start watching it.

But RSI isnโ€™t a timing tool. Oversold can stay oversold. Weekly signals can hang around, whip traders around, or get flattened if broader risk keeps leaking.

For now, itโ€™s a setup, not an outcome. If DOGE starts reclaiming levels and holding them, the โ€œrare signalโ€ crowd will take the victory lap. If it keeps bleeding, this gets filed under interesting, early, and painful โ€” like a lot of trading ideas.

At press time, DOGE traded at $0.12878.

Dogecoin price chart
DOGE drops below key support zone, 1-week chart | Source: DOGEUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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