Dogecoin / Dollar may rise to 0.1102 - 0.1120

Our pivot point stands at 0.1030.

Our preference

The upside prevails as long as 0.1030 is support.

Alternative scenario

The downside breakout of 0.1030 would call for 0.0999 and 0.0981.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.1042 and 0.1037). Finally, the Dogecoin / Dollar is trading above its upper Bollinger band (standing at 0.1058).

Supports and resistances

0.1157 **

0.1139 *

0.1120 **

0.1102

0.1064 last

0.1042

0.1030 **

0.0999 *

0.0981 **

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