Dogecoin (DOGE) has dipped below $0.10, trading around $0.096 after a weekly decline. Despite the drop, several analysts point to technical indicators, including an oversold RSI and a TD Sequential buy signal, suggesting a potential rebound. Exchange netflows also indicate reduced immediate selling pressure as holdings move off exchanges.
Dogecoin, the largest meme coin by market cap, fell to around $0.096, a 6% weekly decline. This drop was less severe than Bitcoin’s 10% loss and the nearly 20% plunge of other altcoins.
Analyst Ali Martinez claimed the TD Sequential indicator flashed a buy signal for DOGE. He stated that if the $0.096 support holds, a rise to $0.11 could be next.
“In 2026, DOGE is about to form that same breakout phase,” analyst CoinForge predicted, referencing a historical pattern. Another analyst, MikybullCrypto, opined DOGE is at a level that could trigger a massive rally.
Dogecoin’s Relative Strength Index has dropped below 30, indicating the asset is oversold. This condition is often seen as a potential precursor to a price increase.
Data also shows Dogecoin’s exchange netflows have been negative in recent days. This suggests investors are moving holdings off exchanges, which can reduce immediate selling pressure.
