Dogecoin / Dollar may rise to 0.1507 - 0.1532

Our pivot point is at 0.1409.

Our preference

The upside prevails as long as 0.1409 is support.

Alternative scenario

The downside breakout of 0.1409 would call for 0.1368 and 0.1343.

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 is trading above both its 20 and 50 period moving average (respectively at 0.1393 and 0.1411). Finally, the Dogecoin / Dollar is trading above its upper Bollinger band (standing at 0.1435).

Supports and resistances

0.1582 **

0.1557 *

0.1532 **

0.1507

0.1445 last

0.1426

0.1409 **

0.1368 *

0.1343 **

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