Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Digital Money has increased 0.51% to $0.08216830413.
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 follows this makes its score defined by recent trends, rather than a bad day. DOGE's moderate volatility reading pairs 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 around $0.0803892782749825 and resistance near $0.0829244575323754. This positions Dogecoin with room to run before facing selling pressures.