Dogecoin / Dollar may rise to 0.1098 - 0.1117

Our pivot point is at 0.1033.

Our preference

As long as 0.1033 is support look for 0.1117.

Alternative scenario

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

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.1059 and 0.1057).

Supports and resistances

0.1154 **

0.1135 *

0.1117 **

0.1098

0.1059 last

0.1045

0.1033 **

0.1001 *

0.0983 **

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