DOG Coin Weekly RSI Flashes Green: Could We See Another Moon Mission to $0.90?

The crypto world is buzzing with excitement as Dogecoin shows signs of awakening from its recent consolidation phase. While many investors have been waiting patiently on the sidelines, technical indicators are starting to paint a compelling picture that could signal the beginning of DOGE's next major price movement.

DOGE Builds Momentum at Key Support Level

Dogecoin is currently trading around $0.25, maintaining what appears to be a solid foundation for potential upward movement. A recent analysis shared by a prominent trader on X has caught the attention of the crypto community, highlighting an intriguing setup in the weekly Relative Strength Index (RSI) that mirrors previous bullish patterns.

Looking back at historical data, similar RSI configurations have preceded some of DOGE's most impressive rallies. During these past cycles, the meme coin didn't just inch higher – it exploded upward, reaching significant milestones at $0.35, $0.50, and eventually challenging the psychological barrier between $0.90 and $1.00.

Technical Signals Point to Possible Breakout

The weekly RSI is showing encouraging signs as it trends upward and approaches the upper territory of its range. For seasoned DOGE watchers, this pattern looks remarkably familiar. History suggests that when the RSI reaches these elevated levels, Dogecoin tends to deliver some of its most spectacular price movements.

If the current momentum holds, market analysts are eyeing a potential progression that could unfold in stages. The first major test would likely come at the $0.35 resistance level. Should DOGE successfully break through that barrier, the next logical target sits around $0.50. But here's where things get really interesting – if the stars align and market conditions remain favorable, we could see another attempt at the coveted $0.90 to $1.00 zone that captured headlines during previous bull runs.

The crypto community is keeping a close eye on these developments, as the technical setup suggests Dogecoin might be positioning itself for what could be its next significant rally. Whether this translates into actual price action remains to be seen, but the indicators are certainly giving bulls reason for cautious optimism.