Dogecoin (DOGE) has been relatively less volatile compared to the crypto market. So far Monday, the Digital Money has fallen 4.7% to $0.1637105362.
InvestorsObserver is giving Dogecoin a 17 Volatility Rank. Find out what this means to you and get the rest of the rankings on Dogecoin!
Low Volatility
InvestorsObserver gives Dogecoin a low volatility rank of 17, placing it in the bottom 17% of cryptos on the market.The Volatility Gauge takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. DOGE's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Dogecoin price is trading near resistance. With support near $0.159036150257216 and resistance around $0.164032673518287. This positions Dogecoin with potential selling pressures ahead as it may be getting over extended.