Dogecoin / Dollar may fall to 0.1167 - 0.1187

Our pivot point is at 0.1257.

Our preference

The downside prevails as long as 0.1257 is resistance.

Alternative scenario

Above 0.1257, look for 0.1290 and 0.1310.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.1240 and 0.1241).

Supports and resistances

0.1310 **

0.1290 *

0.1257 **

0.1244

0.1230 last

0.1187

0.1167 **

0.1147 *

0.1128 **

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