Dogecoin / Dollar may rise to 0.1286 - 0.1306

0.1218 is our pivot point.

Our preference

The upside prevails as long as 0.1218 is support.

Alternative scenario

The downside breakout of 0.1218 would call for 0.1184 and 0.1164.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.1244 and 0.1240).

Supports and resistances

0.1346 **

0.1326 *

0.1306 **

0.1286

0.1246 last

0.1231

0.1218 **

0.1184 *

0.1164 **

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