Dogecoin / Dollar may rise to 0.1092 - 0.1110

Our pivot point stands at 0.1027.

Our preference

As long as 0.1027 is support look for 0.1110.

Alternative scenario

The downside breakout of 0.1027 would call for 0.0996 and 0.0978.

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 0.1052 and 0.1045).

Supports and resistances

0.1146 **

0.1128 *

0.1110 **

0.1092

0.1054 last

0.1039

0.1027 **

0.0996 *

0.0978 **

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