Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Digital Money has declined 1.57% to $0.0690274078.
InvestorsObserver is giving Dogecoin a 29 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 29, placing it in the bottom 29% of cryptos on the market.The Volatility Gauge tracks this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. 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 near $0.0666672457382657 and resistance near $0.070640625469444. This leaves Dogecoin with room to run before facing selling pressures.