The Dogecoin price slump might be over very soon, according to a little-known but important indicator called the Gaussian Channel (GC). As recently noted by a crypto analyst known pseudonymously as Trader Tardigrade, the Gaussian Channel recently flashed green on the DOGE weekly chart, suggesting the crypto could surge to the upside for the next wave. DOGE’s Gaussian Channel Flashes Bullish Green The Gaussian Channel is a comparatively less well-known technical indicator among crypto experts, in contrast to other famous technical indicators such as moving averages, RSI, and MACD. The Gaussian Channel plots two curves derived from normal distribution to identify areas where the price is trading at extreme highs or lows relative to its recent range. Interestingly, the price of DOGE has been known to react positively whenever it reaches the green zone of this lesser-known but powerful tool. Related Reading: Shiba Inu Whale Withdraws 2.2 Billion SHIB From Robinhood, Should You Follow The Whales? According to a DOGE weekly chart shared on social media platform X by analyst Trader Tardigrade, recent price action ha ..
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