Cryptocurrency

Dogecoin / Dollar may rise to 0.1423 - 0.1444

2024-07-22

Our pivot point stands at 0.1331.

Our preference

As long as 0.1331 is support look for 0.1444.

Alternative scenario

Below 0.1331, expect 0.1294 and 0.1273.

Comment

The RSI is above 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 0.1367 and 0.1335).

Supports and resistances

0.1488 **

0.1466 *

0.1444 **

0.1423

0.1375 last

0.1345

0.1331 **

0.1294 *

0.1273 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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