Dogecoin / Dollar may rise to 0.1096 - 0.1115

Our pivot point stands at 0.1033.

Our preference

As long as 0.1033 is support look for 0.1115.

Alternative scenario

The downside breakout of 0.1033 would call for 0.1001 and 0.0983.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.1057 and 0.1053).

Supports and resistances

0.1152 **

0.1133 *

0.1115 **

0.1096

0.1058 last

0.1045

0.1033 **

0.1001 *

0.0983 **

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