Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Digital Money has lost 2.13% to $0.07383516334.
InvestorsObserver is giving Dogecoin a 25 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 25, placing it in the bottom 25% of cryptos on the market.The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. 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 trading near resistance. With support near $0.0725013262111563 and resistance set at $0.0740031695444006. This leaves Dogecoin with potential selling pressures ahead as it may be getting over extended.