Cryptocurrency

Dogecoin / Dollar may rise to 0.1099 - 0.1117

2024-08-27

0.1027 is our pivot point.

Our preference

Rebound towards 0.1117.

Alternative scenario

Below 0.1027, expect 0.0996 and 0.0978.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.1060 and 0.1080).

Supports and resistances

0.1154 **

0.1136 *

0.1117 **

0.1099

0.1051 last

0.1039

0.1027 **

0.0996 *

0.0978 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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