$DOGE Shows Deep Undervaluation as Key Momentum Indicators Hit Multi-Year Lows

Dogecoin, the largest meme coin by market capitalization, is drawing renewed attention as its price continues to lag far below historic highs. Currently trading at $0.138, DOGE now sits 81% below its all-time high, positioning it as one of the most undervalued major crypto assets in the market.

Beyond price alone, momentum indicators are flashing rare signals. Dogecoin’s monthly Relative Strength Index (RSI) has dropped to its lowest reading since January 2024, suggesting extended oversold conditions on the macro timeframe. Meanwhile, the weekly RSI has plunged to levels not seen since November 2022, a period marked by the market-wide panic surrounding the FTX collapse.

These extreme RSI lows typically indicate weakened selling pressure and the potential for a trend reversal, especially when combined with long-term price compression. While such indicators don’t guarantee an immediate rebound, they highlight an environment where downside may be limited and speculative interest could return if broader market sentiment improves.

For now, Dogecoin remains in a zone of deep discount — and for many traders, that makes the current landscape worth watching closely.$DOGE $XRP #WriteToEarnUpgrade #TrumpTariffs #BinanceAlphaAlert