Dogecoin / Dollar may rise to 0.1666 - 0.1696

Our pivot point stands at 0.1561.

Our preference

Rebound towards 0.1696.

Alternative scenario

The downside breakout of 0.1561 would call for 0.1510 and 0.1480.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.1605 and 0.1630).

Supports and resistances

0.1756 **

0.1726 *

0.1696 **

0.1666

0.1600 last

0.1580

0.1561 **

0.1510 *

0.1480 **

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