Dogecoin / Dollar may rise to 0.1297 - 0.1314

Our pivot point is at 0.1233.

Our preference

As long as 0.1233 is support look for 0.1314.

Alternative scenario

The downside breakout of 0.1233 would call for 0.1204 and 0.1187.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.1252 and 0.1195).

Supports and resistances

0.1348 **

0.1331 *

0.1314 **

0.1297

0.1256 last

0.1245

0.1233 **

0.1204 *

0.1187 **

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