Dogecoin / Dollar may rise to 0.1098 - 0.1116

Our pivot point is at 0.1036.

Our preference

The upside prevails as long as 0.1036 is support.

Alternative scenario

The downside breakout of 0.1036 would call for 0.1005 and 0.0987.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.1057 and 0.1053).

Supports and resistances

0.1153 **

0.1135 *

0.1116 **

0.1098

0.1061 last

0.1048

0.1036 **

0.1005 *

0.0987 **

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