Dogecoin is currently trading under pressure, finding it difficult to gain sustained upward momentum due to weak bullish sentiment across the broader market. The leading meme coin has been hovering around the $0.10 support level, with buyers and sellers locked in a tight struggle.
However, crypto analyst Cryptollica has shared a chart suggesting Dogecoin may be on the verge of repeating its biggest historical pattern. His analysis highlights a recurring cycle that has appeared multiple times since 2014, with the current setup mirroring lows seen in previous cycles.
The Four-Cycle Pattern
The analyst’s weekly candlestick chart maps Dogecoin’s price action from 2014 through early 2026. Four points are circled and labeled 1 through 4, each corresponding to a period when Dogecoin’s Relative Strength Index (RSI) fell into deeply oversold territory, as shown in the lower panel of the chart.
The first circle points to around 2014–2015, when Dogecoin underwent a prolonged price decline and the RSI dipped into oversold levels. This was followed by a strong recovery and eventually a larger expansion phase.
The second marked zone occurred in 2020, which also aligned with depressed RSI readings and a horizontal support area on the price chart. Shortly afterward, Dogecoin launched into its historic 2021 rally.
The third instance appeared around 2022, as the market entered a bear cycle following the 2021 bull run. Dogecoin once again found support near a similar structure and RSI levels.
Now, the fourth circle is projected for early 2026, with the RSI approaching the low 30s—near previous cycle bottoms. Price is also hovering around a horizontal support band that previously held in late 2024.
Cryptollica’s question, “Coincidence or Math?” stems from the symmetry of these repeating patterns. Each time Dogecoin reached comparable oversold conditions on the weekly chart, a significant price move followed.
What a Repeat Could Mean for Dogecoin
Historically, whenever Dogecoin’s weekly RSI fell below 30, selling pressure eventually exhausted. After these oversold phases, Dogecoin didn’t surge immediately but instead formed a base before starting a sustained upward climb.
If the fourth setup follows the same pattern, the outcome would likely unfold in stages. The first phase would involve stabilization around the current support zone, with volatility gradually narrowing between $0.10 and $0.15. This would then be followed by bullish momentum once market conditions improve and capital flows back into meme coins.
Based on this outlook, Dogecoin could transition from oversold to normal conditions on the RSI, which would likely be reflected in its price action—potentially pushing it above $0.20, at least in the short term.
Frequently Asked Questions
FAQs Could Dogecoins Past Success Happen Again
Beginner Questions
What is Dogecoin
Dogecoin is a cryptocurrency that started as a joke in 2013 based on the popular Doge meme It uses a proofofwork system similar to Litecoin and is known for its friendly communitydriven culture
What was Dogecoins past success
Dogecoins most notable success was its massive price surge in 2021 where its value increased by over 15000 in a few months driven largely by social media hype celebrity endorsements and a wave of retail investor interest
What does Could it happen again mean
This question asks whether the specific conditions that led to Dogecoins historic price explosionlike viral social media trends and a unique market frenzycould realistically align again to create another similar dramatic surge in value
Is Dogecoin a good investment
Cryptocurrencies including Dogecoin are highly volatile and speculative While past performance was extraordinary it is not a guarantee of future results It should only be considered with money you are prepared to lose after thorough research
What drives Dogecoins price
Its price is primarily driven by market sentiment social media trends celebrity mentions broader cryptocurrency market cycles and its large active communitymore so than fundamental technological developments
Intermediate Advanced Questions
What conditions would need to repeat for another major surge
A similar success would likely require a perfect storm a major bull market in crypto renewed viral social media campaigns highprofile endorsements a surge in new retail investors and a period of high risk appetite in financial markets
How is Dogecoin different from Bitcoin or Ethereum
Unlike Bitcoin or Ethereum Dogecoin was created as a fast lowfee payment coin with an inflationary supply It has a less formal development structure and a stronger emphasis on community and memes
What are the biggest risks that could prevent another boom
Key risks include increased regulatory scrutiny on cryptocurrencies a loss of cultural relevance competition from other meme coins or paymentfocused cryptos a sustained crypto bear market and the inherent unpredictability of viral trends
Does Dogecoin have any technical developments planned
Development is