Cryptocurrency

Dogecoin / Dollar may fall to 0.1356 - 0.1375

2024-10-21

0.1448 is our pivot point.

Our preference

Technical rebound towards 0.1448 before a new drop.

Alternative scenario

Above 0.1448, look for 0.1480 and 0.1500.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price stands above its 20 period moving average (0.1411) but below its 50 period moving average (0.1421).

Supports and resistances

0.1500 **

0.1480 *

0.1448 **

0.1435

0.1419 last

0.1375

0.1356 **

0.1337 *

0.1317 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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