Dogecoin / Dollar may rise to 0.1418 - 0.1531

Our pivot point stands at 0.1008.

Our preference

The upside prevails as long as 0.1008 is support.

Alternative scenario

The downside breakout of 0.1008 would call for 0.0824 and 0.0715.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.1125 and 0.1061).

Supports and resistances

0.1757 **

0.1644 *

0.1531 **

0.1418

0.1155 last

0.1080

0.1008 **

0.0824 *

0.0715 **

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