Dogecoin / Dollar may rise to 0.1758 - 0.1790

Our pivot point stands at 0.1633.

Our preference

As long as 0.1633 is support look for 0.1790.

Alternative scenario

The downside breakout of 0.1633 would call for 0.1580 and 0.1549.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.1686 and 0.1626).

Supports and resistances

0.1853 **

0.1822 *

0.1790 **

0.1758

0.1694 last

0.1653

0.1633 **

0.1580 *

0.1549 **

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