The post Will This Push Dogecoin Price Past $0.22? appeared on BitcoinEthereumNews.com.

Dogecoin price has slipped amid a broader market downturn, but technical analysts point to a golden cross on the weekly chart. This pattern, paired with bullish derivatives data and Fibonacci-based projections, suggests that DOGE price could soon attempt a breakout above $0.22 resistance. If successful, targets between $0.4355 and $1.179 are possible to emerge within the next bullish cycle. Dogecoin Price Forms Weekly Golden Cross The latest technical setup has placed Dogecoin price in a potentially explosive position. According to analyst Kamran Asghar, DOGE price is nearing a golden cross on the weekly chart, with the 10-week simple moving average (SMA) about to cross above the 20-week SMA. In the past, this cross has resulted in huge Dogecoin rallies of 232% and 313%. Source: Kamran Asghar, X Currently trading at $0.16, Dogecoin price is consolidating just below the $0.22 level. Analysts agreed that this zone represents a key barrier. A breakout beyond it would validate bullish continuation and allow higher targets to be reached. Waleed Ahmed highlighted $0.22 on the chart as the last hurdle before all-time highs. Source: Waleed Ahmed, X The Golden cross patterns are not common at the high timeframes and are usually a sign of good long-term potential. A series of higher lows in the weekly chart has helped to support the setup, pointing to the fact that momentum is slowly beginning to favor the bulls. Fibonacci Price Targets at $0.4355 and $1.179 Analyst Surf posted a monthly Dogecoin chart highlighting key Fibonacci extension levels. In his analysis, he revealed that the 1.618 extension aligns with a target of $0.4355, whereas the 2.618 level is expected to rally to $1.179. These levels are dependent upon the impulse wave and retracement structure of the past cycle. Source: Surf, X However, Dogecoin price must first clear the $0.22…

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Filed under: News - @ June 22, 2025 11:14 am