Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Digital Money has added 3.98% to $0.08135937458.
InvestorsObserver is giving Dogecoin a 34 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 34, placing it in the bottom 34% of cryptos on the market.The Volatility Gauge tracks this makes its score defined by recent trends, rather than a bad day. DOGE's moderate volatility reading comes 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 above resistance. With support set at $0.0773588020956831 and resistance set at $0.0795289327061491. This leaves Dogecoin out of range and potentially in a volatile position if the rally burns out.