Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Digital Money has fallen 1.97% to $0.07221531411.
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 follows 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 paired 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 above resistance. With support at $0.0714156035156046 and resistance at $0.0720345083446298. This positions Dogecoin out of range and potentially in a volatile position if the rally burns out.