Dogecoin / Dollar may rise to 0.1127 - 0.1144

Our pivot point stands at 0.1058.

Our preference

The upside prevails as long as 0.1058 is support.

Alternative scenario

The downside breakout of 0.1058 would call for 0.1029 and 0.1012.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.1076 and 0.1072).

Supports and resistances

0.1179 **

0.1161 *

0.1144 **

0.1127

0.1088 last

0.1070

0.1058 **

0.1029 *

0.1012 **

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