Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Digital Money has added 4.4% to $0.07545590827.
InvestorsObserver is giving Dogecoin a 27 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 27, placing it in the bottom 27% 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 pairs 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 $0.0695994506436873 and resistance at $0.0762143368679572. This leaves Dogecoin with potential selling pressures ahead as it may be getting over extended.