Dogecoin / Dollar may rise to 0.1287 - 0.1307

0.1213 is our pivot point.

Our preference

As long as 0.1213 is support look for 0.1307.

Alternative scenario

The downside breakout of 0.1213 would call for 0.1179 and 0.1160.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.1242 and 0.1237).

Supports and resistances

0.1347 **

0.1327 *

0.1307 **

0.1287

0.1243 last

0.1226

0.1213 **

0.1179 *

0.1160 **

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