Dogecoin Price Outlook: Rare 4th Oversold Weekly RSI and Wedge Pattern Hint at Major Move Toward $0.80

Dogecoin’s weekly RSI has fallen into oversold territory for only the fourth time, a level that previously aligned with cycle lows and strong rallies. An analyst on X highlights that DOGE’s structure against Bitcoin mirrors historic accumulation phases, while the USD chart shows a descending wedge with resistance near $0.28 and an upside target around $0.80. In the same market context, a meme coin project called Maxi Doge is running a presale and staking program offering up to 69% APY for early participants.