Dogecoin / Dollar may fall to 0.1161 - 0.1181

Our pivot point is at 0.1259.

Our preference

The downside prevails as long as 0.1259 is resistance.

Alternative scenario

The upside breakout of 0.1259, would call for 0.1292 and 0.1312.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.1240 and 0.1238). Finally, the Dogecoin / Dollar has penetrated its lower Bollinger band (0.1226).

Supports and resistances

0.1312 **

0.1292 *

0.1259 **

0.1246

0.1223 last

0.1181

0.1161 **

0.1142 *

0.1122 **

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