Dogecoin (DOGE) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Digital Money has added 0.21% to $0.1710908955.
InvestorsObserver is giving Dogecoin a 13 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 13, placing it in the bottom 13% of cryptos on the market.The Volatility Gauge analyzes meaning that one day won't make or break its rank. DOGE's low volatility reading comes 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 favorably positioned going forward. With support around $0.167866901201593 and resistance at $0.174001917881356. This positions Dogecoin with room to run before facing selling pressures.