Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Digital Money has gained 0.93% to $0.0731094651.
InvestorsObserver is giving Dogecoin a 32 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 32, placing it in the bottom 32% 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 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 trading near resistance. With support set at $0.0712754384618352 and resistance near $0.0735186667185377. This positions Dogecoin with potential selling pressures ahead as it may be getting over extended.