Dogecoin / Dollar may rise to 0.1061 - 0.1077

Our pivot point is at 0.1001.

Our preference

The upside prevails as long as 0.1001 is support.

Alternative scenario

The downside breakout of 0.1001 would call for 0.0973 and 0.0957.

Comment

The RSI is above 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 0.1005 and 0.0990).

Supports and resistances

0.1109 **

0.1093 *

0.1077 **

0.1061

0.1025 last

0.1011

0.1001 **

0.0973 *

0.0957 **

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