Dogecoin / Dollar may rise to 0.1092 - 0.1110

Our pivot point stands at 0.1029.

Our preference

As long as 0.1029 is support look for 0.1110.

Alternative scenario

The downside breakout of 0.1029 would call for 0.0998 and 0.0980.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (0.1056) but above its 50 period moving average (0.1050).

Supports and resistances

0.1146 **

0.1128 *

0.1110 **

0.1092

0.1054 last

0.1041

0.1029 **

0.0998 *

0.0980 **

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