Dogecoin / Dollar may fall to 0.1264 - 0.1287

Our pivot point stands at 0.1372.

Our preference

The downside prevails as long as 0.1372 is resistance.

Alternative scenario

The upside breakout of 0.1372, would call for 0.1411 and 0.1434.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.1357 and 0.1360). Finally, the Dogecoin / Dollar is trading below its lower Bollinger band (standing at 0.1334).

Supports and resistances

0.1434 **

0.1411 *

0.1372 **

0.1357

0.1333 last

0.1287

0.1264 **

0.1241 *

0.1218 **

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