Dogecoin keeps the company above a enormous support of 0.22 USD Despite repetitive threats break below in just the end of the week. Among these fluctuations, the fascinating technical indicator suggests that Dogecoin’s long -term rally is still intact.

Perspectives of this technical indicator indicated By the analyst Crypto Trader Tardigrade, who used Gaussian Channel, a popular shoot tool, as proof that the stubborn drive of Dogecoin is still in the game despite the current sales pressure.

The Gaussa channel shows continuous strength for Dogecoin

The Dogecoin price trajectory has been emphasized by a decline from mid -January. This decrease caused Dogecoin to fall by up to 47% from a lower level of 0.4159 USD on January 18. The price correction is even more pronounced, taking into account its long -term maximum USD 0.475, which reached on December 9, 2024, of which Dogecoin has now improved by about 54%.

This noteworthy correction also saw Development of several bears of signals On the Dogecoin price chart. One of these bears is resistance rejection with macro and the lack of recovering the golden macro pocket last week.

However, Despite a significant correction At the price of Dogecoin, the Meme coin seems to be still trading in the long run in the long run. This long -term perspective has been revealed by analyzing Dogecoin in a weekly candlestick time using the Gauss channel.

The Gauss Channel is a less known tool of technical analysis that helps identify trends and cycles of price movements, emphasizing green and red zones in various market cycles. Green zones represent the periods of rush upwards, in which the price is expected to continue to grow. On the other hand, red zones indicate periods of correction or consolidation, during which the market stops from resuming its trajectory up.

According to the Dogecoin price chart, the Analyst analyst made by Tardigrade Analyst analyst on the Social Media platform X, Dogecoin entered his latest green zone on the Gaussian channel in 2024. However, despite the recent correction, he remained in this green zone, as indicated by extending dogcoin is still dynamic in the long -term perspective .

Picture From X: Tardigrade trader

Long -term target price for dog

Because the Gauss channel still indicates the green zone for Dogecoin, the rally can be resumed in the near future. According to Tardigrade, this rally is enough to exceed the dog above many resistance levels each 0.3 USD, 0.4 USD and the latest long -term level 0.475 USD.

If the shoot is building and the pressure for purchase increases, Dogecoin It can even complement his high time 0.7316 USD, which remained necessary from the top of the Bull 2021 course.

In addition to these direct purposes, Tardigrade analysis suggests that the long -term MEMA COIN trajectory can go much beyond the USD 1 mark. The forecast provides an even more aggressive rally that Dogecoin could see Climbing up to USD 4.1. At the time of writing, Dogecoin trads 0.247 USD, which is an boost of 1.5% in the last 24 hours, but by 25% from the beginning of February.

A distinguished picture from Thastreet, TRADINGVIEW chart