Dogecoin / Dollar may rise to 0.1316 - 0.1337

Our pivot point stands at 0.1249.

Our preference

As long as 0.1249 is support look for 0.1337.

Alternative scenario

The downside breakout of 0.1249 would call for 0.1215 and 0.1195.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.1254 and 0.1216).

Supports and resistances

0.1377 **

0.1357 *

0.1337 **

0.1316

0.1276 last

0.1263

0.1249 **

0.1215 *

0.1195 **

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