Dogecoin / Dollar may rise to 0.1295 - 0.1315

0.1207 is our pivot point.

Our preference

Rise to 0.1315.

Alternative scenario

The downside breakout of 0.1207 would call for 0.1174 and 0.1154.

Comment

The RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the price is below its 20 period moving average (0.1239) but above its 50 period moving average (0.1232).

Supports and resistances

0.1356 **

0.1335 *

0.1315 **

0.1295

0.1236 last

0.1220

0.1207 **

0.1174 *

0.1154 **

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