Back in December 2024, the Dogecoin price entered the Gaussian Channel following a sharp decline in price as Bitcoin suffered multiple crashes. However, even though the entry was triggered by bearish forces, Dogecoin’s entry into the Gaussian Channel was bullish and showed a tendency to recover quickly from dips. This is because the Gaussian Channel can act as a bounce-off point to possibly send DOGE soaring toward new all-time highs. Dogecoin Gaussian Channel Flashes Green Over the last few weeks, the Dogecoin price has been trending in the Gaussian Channel, showing evidence of bullishness but not quite completing the move. However, this is beginning to change as, for the first time, the Dogecoin Gaussian Channel has turned green. Related Reading: Dogecoin Weekly RSI Approaches The MA Line, Can Price Resume Uptrend To Break $0.74 ATH? According to crypto analyst Trader Tardigrade, the Dogecoin Gaussian Channel recently flashed green, and this happened on the 4-hour chart. This development points to a possible breakout of the channel that has persisted for the last three weeks. It also signals th ..
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