Dogecoin Weekly Fractal Hints At A Bigger Move Brewing
29 minutes ago
Dogecoin is doing that thing again, not pumping, n
Dogecoin Weekly Fractal Hints At A Bigger Move Brewing
Dogecoin is doing that thing again, not pumping, not capitulating, just sitting there on the weekly like it’s waiting for a cue. And if you’re the type who still believes memes have market structure like in 2017 and 2021, one chart making the rounds on X says this is exactly what the pre-run “calm” has looked like before.Dogecoin fractal analysis | Source: X @Cryptollica“Look at the RSI indicator at the bottom. The red line (~32 level) acts as a historical floor,” he wrote. “Every single time the weekly RSI touched or hovered near this baseline (Points 1, 2, and 3), it marked a macro bottom. Now: The RSI has reset back to this critical support level.”“This isn’t just random noise; it’s a cyclical reset,” Cryptollica wrote. “The chart suggests we are in the ‘Golden Pocket’ for accumulation. If the fractal plays out like it did in 2020DOGE needs to overcome the red zone, 1-week chart | Source: DOGEUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
