Dogecoin / Dollar may rise to 0.1477 - 0.1497

Our pivot point stands at 0.1395.

Our preference

Look for a drop towards 0.1395 before a bounce.

Alternative scenario

Below 0.1395, expect 0.1363 and 0.1343.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and below its signal line. The penetration of 50 on the RSI should trigger further losses. Moreover, the price is below its 20 period moving average (0.1442) but above its 50 period moving average (0.1424).

Supports and resistances

0.1536 **

0.1517 *

0.1497 **

0.1477

0.1437 last

0.1408

0.1395 **

0.1363 *

0.1343 **

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