Dogecoin / Dollar may rise to 0.1038 - 0.1056

Our pivot point stands at 0.0978.

Our preference

Rebound towards 0.1056.

Alternative scenario

The downside breakout of 0.0978 would call for 0.0948 and 0.0931.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.1005 and 0.1018).

Supports and resistances

0.1091 **

0.1073 *

0.1056 **

0.1038

0.1002 last

0.0989

0.0978 **

0.0948 *

0.0931 **

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