Cryptocurrency

Dogecoin / Dollar may rise to 0.1763 - 0.1795

2024-05-28

0.1647 is our pivot point.

Our preference

The upside prevails as long as 0.1647 is support.

Alternative scenario

Below 0.1647, expect 0.1594 and 0.1563.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.1681 and 0.1691).

Supports and resistances

0.1859 **

0.1827 *

0.1795 **

0.1763

0.1693 last

0.1668

0.1647 **

0.1594 *

0.1563 **

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

Introduction to Tradingtop Site


Return to All Articles