Dogecoin / Dollar may rise to 0.1311 - 0.1331

Our pivot point stands at 0.1234.

Our preference

The upside prevails as long as 0.1234 is support.

Alternative scenario

The downside breakout of 0.1234 would call for 0.1200 and 0.1180.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.1260 and 0.1242).

Supports and resistances

0.1372 **

0.1351 *

0.1331 **

0.1311

0.1269 last

0.1247

0.1234 **

0.1200 *

0.1180 **

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