Dogecoin / Dollar may fall to 0.1549 - 0.1580

Our pivot point is at 0.1710.

Our preference

As long as 0.1710 is resistance look for 0.1549.

Alternative scenario

The upside breakout of 0.1710, would call for 0.1763 and 0.1794.

Comment

The RSI is below 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.1656 and 0.1667).

Supports and resistances

0.1794 **

0.1763 *

0.1710 **

0.1690

0.1653 last

0.1580

0.1549 **

0.1518 *

0.1488 **

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