Dogecoin (DOGE) has crashed to its lowest level in three years, trading below $0.07 with a market capitalization of approximately $10.8 billion. The cryptocurrency is down 90% from its all-time high. Analyst Ash Crypto noted that the monthly RSI has reached its most oversold level since the 2022 market bottom, a bullish signal indicating seller exhaustion. Weekly active DOGE addresses have jumped 16% from around 38,000 at the end of July to roughly 44,000, showing a rebound in on-chain activity. Analyst Ali Martinez revealed that the TD Sequential indicator has generated buy signals across monthly, weekly, 3-day, and daily charts, a rare setup that could precede a major price rally.
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