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🤔 Dogecoin Is Repeating Its 2020 Accumulation Cycle, Analyst Says
Crypto analyst Cryptollica is arguing that Dogecoin’s weekly chart is doing that familiar thing again: carving out a rounded base, bleeding off volatility, resetting momentum and quietly setting up what he frames as the “calm before the storm.”
Or, at least, that’s the pitch. In a Dec. 23 TradingView analysis titled “DOGE: The Cycle Repeats (1W Timeframe),” Cryptollica calls the current structure a “textbook fractal setup,” pointing to four prior “structural points (1, 2, 3, 4)” across #DOGE ’s longer-term history and claiming the market is now sitting at “Point 4.” The core claim is less about a single indicator and more about pattern recognition: the structure is rhyming perfectly with the pre-bull run accumulation phases of the past.
🔸 Will #Dogecoin Repeat History?
Cryptollica frames Zones 1 and 2 as prior “boredom phases” — the type of long, dead-feeling stretches that, in hindsight, look like accumulation. “Zones 1 & 2: These were the ‘boredom phases’ where volatility died, and smart money accumulated,” the post reads.
Zone 2, in particular, is described as “the launchpad for the massive 2021 parabolic run.” The current period, which the analyst labels Zone 4, is presented as a near-mirror: “We are seeing the exact same rounding bottom formation. The price is stabilizing, forming a heavy base just like it did before the previous explosions.”
That’s the structural argument. The momentum argument is RSI, and Cryptollica is unusually direct about how they’re treating it: “Look at the RSI indicator at the bottom. The red line (~32. level) acts as a historical floor.”
They add that “every single time the weekly RSI touched or hovered near this baseline (Points 1, 2, and 3), it marked a macro bottom.” Right now, in their read, “the RSI has reset back to this critical support level,” which they interpret as seller fatigue: “It indicates that the sellers are exhausted and the momentum is primed to flip.”
{spot}(DOGEUSDT)