Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Digital Money has declined 0.49% to $0.08079476665.
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 takes into account this makes its score defined by recent trends, rather than a bad day. 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 favorably positioned going forward. With support set at $0.0773060076921809 and resistance set at $0.0844369956343997. This positions Dogecoin with room to run before facing selling pressures.