Dogecoin / Dollar may rise to 0.1076 - 0.1094

Our pivot point is at 0.1014.

Our preference

As long as 0.1014 is support look for 0.1094.

Alternative scenario

The downside breakout of 0.1014 would call for 0.0984 and 0.0966.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.1038 and 0.1032).

Supports and resistances

0.1130 **

0.1112 *

0.1094 **

0.1076

0.1040 last

0.1026

0.1014 **

0.0984 *

0.0966 **

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