Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Digital Money has declined 2.8% to $0.08614877066.
InvestorsObserver is giving Dogecoin a 38 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 38, placing it in the bottom 38% of cryptos on the market.The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. DOGE's moderate volatility reading comes 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 set at $0.083702664198122 and resistance near $0.0875258700267887. This leaves Dogecoin with room to run before facing selling pressures.