Dogecoin (DOGE) has been relatively less volatile compared to the crypto market. So far Wednesday, the Digital Money has gained 0.6% to $0.1531425217.
InvestorsObserver is giving Dogecoin a 21 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 21, placing it in the bottom 21% of cryptos on the market.The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. 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 well positioned going forward. With support at $0.140622333801734 and resistance at $0.170940623796927. This positions Dogecoin with room to run before facing selling pressures.