Dogecoin / Dollar may fall to 0.1038 - 0.1053

Our pivot point stands at 0.1111.

Our preference

Technical rebound towards 0.1111 before a new drop.

Alternative scenario

The upside breakout of 0.1111, would call for 0.1137 and 0.1153.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price stands above its 20 period moving average (0.1079) but below its 50 period moving average (0.1092).

Supports and resistances

0.1153 **

0.1137 *

0.1111 **

0.1101

0.1087 last

0.1053

0.1038 **

0.1023 *

0.1007 **

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