Dogecoin / Dollar may fall to 0.1555 - 0.1585

Our pivot point stands at 0.1705.

Our preference

The downside prevails as long as 0.1705 is resistance.

Alternative scenario

Above 0.1705, look for 0.1757 and 0.1788.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.1684 and 0.1686).

Supports and resistances

0.1788 **

0.1757 *

0.1705 **

0.1685

0.1651 last

0.1585

0.1555 **

0.1524 *

0.1493 **

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