Headline: Dogecoin’s RSI Drops to Historic “Oversold” Zone — Analysts See Setup for Parabolic Rally Dogecoin’s momentum indicators have flashed a potentially bullish signal: the meme coin’s Relative Strength Index (RSI) has dipped into historical oversold territory, prompting analysts to speculate that DOGE could be primed for another parabolic run like the one seen in 2021. Why it matters The RSI is a commonly used momentum indicator that, when pushed into extreme “oversold” readings, can signal an attractive entry point for buyers. Crypto analyst Cryptollica says this is only the fourth time in Dogecoin’s roughly 12-year history that the RSI has reached such lows — and each prior instance, the analyst argues, preceded life-changing gains for early buyers. What the charts suggest Cryptollica points to past cycles as precedent. During the last major cycle, Dogecoin reportedly bottomed near $0.05 before rocketing to a $0.74 all-time high — a move that underscores how dramatic gains can follow deep RSI troughs. Based on their current setup and accompanying chart work, the analyst suggested DOGE could target the psychological $1 level in a new all-time high scenario, calling the present moment a “massive opportunity” that does not arrive often. DOGE vs BTC — a repeating fractal Digging deeper, Cryptollica highlighted a fractal between DOGE/BTC price action in the 2014–2017 accumulation and the 2021–2026 accumulation phases. The structure looks “identical” to the analyst, with the recent weakness against Bitcoin framed not as terminal, but as a multi-year compression that stores the energy for a future rotation. According to the thesis, a volatility squeeze typically follows this compression and often precedes substantial capital flow from Bitcoin into altcoins — with Dogecoin positioned to lead that rotation. Other analyst views Another market commentator, Bitcoinensus, has also flagged upside potential — suggesting DOGE could reach roughly $0.70 if broader market momentum returns. Bitcoinensus notes a repeating micro-pattern in recent mini-cycles: a push up to a dotted trend line followed by a measured retrace. If that sequence resumes and bulls regain strength, the $0.70 area is a plausible near-term target. Where DOGE stands now At the time of writing, Dogecoin trades around $0.137 and is down over the past 24 hours, according to CoinMarketCap data. Analysts’ calls are based on chart fractals and historical RSI behavior; they are scenarios rather than guarantees. Bottom line Market technicians see a rare RSI signal and fractal patterns that historically preceded big altcoin moves, and some are projecting targets from $0.70 up to a psychological $1. These setups are noteworthy for traders watching altcoin rotation, but they remain speculative — past performance doesn’t guarantee future results, and market conditions can change quickly. Do your own research before taking a position. Read more AI-generated news on: undefined/news