Dogecoin (DOGE) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Thursday, the Digital Money has added 0.43% to $0.1728637835.
InvestorsObserver is giving Dogecoin a 14 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 14, placing it in the bottom 14% of cryptos on the market.The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. DOGE's low volatility reading pairs 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 in a favorable position going forward. With support at $0.166809129101151 and resistance set at $0.177388685327882. This leaves Dogecoin with room to run before facing selling pressures.