Dogecoin / Dollar may rise to 0.1194 - 0.1210

Our pivot point is at 0.1132.

Our preference

As long as 0.1132 is support look for 0.1210.

Alternative scenario

The downside breakout of 0.1132 would call for 0.1105 and 0.1089.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.1157 and 0.1130).

Supports and resistances

0.1243 **

0.1227 *

0.1210 **

0.1194

0.1159 last

0.1143

0.1132 **

0.1105 *

0.1089 **

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