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Dogecoin keeps a higher company than the main support at $ 0.22 Despite repeated threats To break below in the week that is just concluded. In the midst of these fluctuations, an interesting technical indicator indicates that the long -term assembly of Dogecoin is still intact.
Expectations of this technical indicator Indicate By Crypto analyst, who used the Gaussian channel, a popular momentum, as evidence that the dogcoin momentum ascending is still in playing despite current sale.
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The Dogoin Prices Prices have been highlighted by a decrease since mid -January. This decrease witnessed the decrease of Dogecoin by up to 47 % of the highest level less than $ 0.4159 on January 18. Prices correction are more clear when looking at DOGECOIN are now about 54 %.
This prominent correction has also seen Developing some hole signals On the DOGECOIN price scheme. One of these hippos developments is refusal to resist macro and fail to restore the total golden pocket in the last week.
but, Despite the noticeable correction At the price of Dogecoin, it appears that the Meme coin is still trading in the long -term climbing direction. This long -term look is detected by Dogecoin’s analysis on the weekly candle frame frame using Gaussian.
Gaussian is a less famous technical analysis tool that helps to determine the trends and courses in price movements by highlighting the green and red areas in different market cycles. Green areas represent periods of upward momentum, where the price is expected to continue to grow. On the other hand, the red areas indicate periods of correction or monotheism, during which the market stops before resuming its upward path.
According to the Dogecoin price scheme, which is shared by the Crypto dealer Tardigrade on the X social media platform, Dogecoin entered its last green area on Gaussian in 2024. However, despite the last correction, it remained in this green area, which indicates no no Dugkin’s trend is still active in the long run.
image From x: Trader tardigrade
The purpose of the long -term price for a fever
As the gossip that refers to the green area of Dogecoin continues, the gathering can be resumed any time soon. According to the Rowing Trader Tardigrade, this gathering will be sufficient to pay the Doge higher than multiple resistance levels at $ 0.3, $ 0.4, and the highest level in the year $ 0.475.
If the momentum builds and purchases pressure, then dogecoin It may be re -tested at all From $ 0.7316, which has been undisputed since the peak of the bull run 2021.
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Besides these immediate targets, Tardigrade’s analysis indicates that the long -term Meme Coin path can extend beyond the $ 1 sign. Expectations imagine a more aggressive gathering that can see Dogecoin Climbing up to $ 4.1. At the time of this report, Dogecoin is trading at $ 0.247, an increase of 1.5 % over the past 24 hours, but by 25 % since the beginning of February.
A distinctive image of thestreeet, the tradingView graph
