Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Digital Money has gained 1.63% to $0.09270980425.
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 meaning that one day won't make or break its rank. DOGE's moderate volatility reading is paired 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 in a good position going forward. With support near $0.0895358823079348 and resistance around $0.0943312845963717. This positions Dogecoin with room to run before facing selling pressures.