Dogecoin Gaussian Channel Turns Green On The 4-Hour Chart, Why A New ATH Above $1 Is Imminent

Name	Symbol	Market	Market Cap ($)	Algorithm
Litecoin	LTCUSD	Crypto	7,484,423,720	Scrypt

Name

Symbol

Market

Market Cap ($)

Algorithm

Litecoin

LTCUSD

Crypto

7,484,423,720

Scrypt

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-2.80	-2.72%	99.96	99.94	99.99

Price Change

Price Change %

Current Price

Bid Price

Offer

-2.80

-2.72%

99.96

99.94

99.99

High Price	Low Price	Open Price	Prev. Close	52 Week Range
105.04	97.16	102.85	102.76	49.90 - 147.22

High Price

Low Price

Open Price

Prev. Close

52 Week Range

105.04

97.16

102.85

102.76

49.90 - 147.22

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	21:22:03	0.013000	99.96	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

21:22:03

0.013000

99.96

USD

Price x Volume	Volume	Base Symbol	Related Pairs
22,177,800.35	217,765.99	LTC	LTCEUR	LTCGBP	LTCBTC

Price x Volume

Volume

Base Symbol

Related Pairs

22,177,800.35

217,765.99

Dogecoin Gaussian Channel Turns Green On The 4-Hour Chart, Why A New ATH Above $1 Is Imminent

06/01/2025 7:30pm

NEWSBTC

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 the start of a possible upward move that could push the price above the coveted $1 level. Initial targets for the Dogecoin price from here put it toward $0.5, where the most resistance currently lies for the DOGE price due to its recent peak. Once a break above the resistance is achieved, the analyst’s chart shows a massive continuation that could push the price further. At the top of the breakout is the $1.4 target, which is an over 200% move from the current price. This target is in line with the analyst’s previous predictions for DOGE, saying that the leading meme coin was set to hit a new all-time high price soon. Analysts Bullish On DOGE Price Despite the crash that rocked the Dogecoin price back in December 2024, crypto analysts have remained quite bullish on the meme coin. Crypto analyst Dima James shared in December that the Dogecoin price could reach double-digits this cycle. Related Reading: Litecoin Sees 2M Bollinger Bands Tighten – What A Move Above $130 Will Mean For Price James used historical data to back up his prediction, showing that DOGE has a history of massive surges. Mainly, these surges happen on a 4-year cycle and with the last major surge happening in 2021, it means 2025 is next in the 4-year cycle. If this is correct, then the DOGE price could be seeing a new all-time high in the first quarter of 2025. In another analysis reported by NewsBTC, a crypto analyst predicted that the DOGE price could rise as high as $5, forecasting a 1,500% move for the meme coin. This time around, the analyst puts the timeline somewhere between March and April, giving only a few months for this prediction to materialize. At the time of writing, Dogecoin was trading at $0.383, 48% below its all-time high price of $0.7376 recorded in May 2021. Featured image created with Dall.E, chart from Tradingview.com

Market Data

News

Trading Tools

Markets

Discover

Hot Features

Follow Feed

Options Flow

Monitor

LTCUSD Litecoin