Cryptocurrency

Dogecoin / Dollar may rise to 0.1285 - 0.1305

2024-06-22

Our pivot point is at 0.1215.

Our preference

Our next up target stands at 0.1305.

Alternative scenario

Below 0.1215, expect 0.1181 and 0.1161.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.1237 and 0.1239).

Supports and resistances

0.1345 **

0.1325 *

0.1305 **

0.1285

0.1244 last

0.1228

0.1215 **

0.1181 *

0.1161 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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