Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Digital Money has fallen 2.12% to $0.1266079371.
InvestorsObserver is giving Dogecoin a 30 Volatility Rank. Find out what this means to you and get the rest of the rankings on Dogecoin!
Moderately Volatile
InvestorsObserver gives Dogecoin a moderate volatility rank of 30, placing it in the bottom 30% of cryptos on the market.The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. DOGE's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Dogecoin price is well positioned going forward. With support around $0.121346991449423 and resistance at $0.13196244457347. This leaves Dogecoin with room to run before facing selling pressures.