Dogecoin / Dollar may rise to 0.1691 - 0.1721

Our pivot point is at 0.1589.

Our preference

As long as 0.1589 is support look for 0.1721.

Alternative scenario

The downside breakout of 0.1589 would call for 0.1538 and 0.1507.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (0.1630) but above its 50 period moving average (0.1613).

Supports and resistances

0.1782 **

0.1752 *

0.1721 **

0.1691

0.1629 last

0.1609

0.1589 **

0.1538 *

0.1507 **

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