Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Digital Money has added 6.39% to $0.07532719178.
InvestorsObserver is giving Dogecoin a 26 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 26, placing it in the bottom 26% of cryptos on the market.The Volatility Gauge analyzes 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 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 at $0.068879091077125 and resistance at $0.0731017895868181. This leaves Dogecoin out of range and potentially in a volatile position if the rally burns out.