Dogecoin / Dollar may fall to 0.1160 - 0.1179

0.1246 is our pivot point.

Our preference

The downside prevails as long as 0.1246 is resistance.

Alternative scenario

Above 0.1246, look for 0.1277 and 0.1295.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.1236 and 0.1242). Finally, the Dogecoin / Dollar is trading below its lower Bollinger band (standing at 0.1218).

Supports and resistances

0.1295 **

0.1277 *

0.1246 **

0.1234

0.1217 last

0.1179

0.1160 **

0.1142 *

0.1124 **

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