Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Digital Money has dropped 5.87% to $0.1507825823.
InvestorsObserver is giving Dogecoin a 40 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 40, placing it in the bottom 40% of cryptos on the market.The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. 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 in a good position going forward. With support set at $0.132248900069578 and resistance set at $0.158765725030287. This leaves Dogecoin with room to run before facing selling pressures.