Crypto

Dogecoin Hits Most Oversold Levels Ever, Traders See Buying Opportunity

Guavy AI Editorial Team Published August 5, 2026

Instruments

DOGE DOG

Dogecoin (CRYPTO: DOGE) is flashing its most oversold technical setup ever, according to crypto trader Ash Crypto.

The meme coin has fallen about 90% from its all-time high and recently touched a three-year low of $0.067.

Ash Crypto notes that the monthly RSI for DOGE has dropped below levels seen during the 2022 bear market bottom, making him curious if this could mark a long-term bottom for the coin.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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