The cryptocurrency Dogecoin (DOGE) has experienced a golden cross, a bullish technical pattern that suggests a continued upward trend. This occurred as the 50-day simple moving average crossed above the 200-day SMA, indicating that short-term price momentum is outperforming the long-term trend. DOGE's key price averages confirmed the golden cross, resulting in a 15% price jump to resistance at 21.7 cents. The next level to watch is the 23.6% Fibonacci retracement, with a breakout above 21.7 cents potentially bringing more buyers and shifting focus to the October 2021 high of 35 cents. However, failing to stay above this level could result in a price drop to the 200-day SMA support at 12.75 cents. At the time of writing, DOGE was trading at 19.7 cents on Binance.



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