Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Digital Money has added 3.06% to $0.177091202.
InvestorsObserver is giving Dogecoin a 38 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 38, placing it in the bottom 38% of cryptos on the market.The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. 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 trading near resistance. With support near $0.165327144031019 and resistance set at $0.178963479761571. This positions Dogecoin with potential selling pressures ahead as it may be getting over extended.