Dogecoin / Dollar may rise to 0.1491 - 0.1619

Our pivot point is at 0.1065.

Our preference

Rebound towards 0.1619.

Alternative scenario

The downside breakout of 0.1065 would call for 0.0850 and 0.0722.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.1264 and 0.1450).

Supports and resistances

0.1876 **

0.1748 *

0.1619 **

0.1491

0.1235 last

0.1149

0.1065 **

0.0850 *

0.0722 **

Number of asterisks represents the strength of support and resistance levels.