LiteDoge (LDOGE) Rises 6.01%, Outperforms the Crypto Market Tuesday

Tuesday, March 26, 2024 08:19 AM | InvestorsObserver Analysts

LiteDoge (LDOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the crypto has increased 6.01% to $0.00001818.

InvestorsObserver is giving LiteDoge a 52 Volatility Rank. Find out what this means to you and get the rest of the rankings on LiteDoge!

Moderately Volatile

InvestorsObserver gives LiteDoge a moderate volatility rank of 52, placing it in the top 48% of cryptos on the market.

The Volatility Gauge follows which means that one day won't define its volatility rank - a trend will. LDOGE'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.

LiteDoge price is trading above resistance. With support at $0.0000165962178984093 and resistance around $0.0000181362161642075. This leaves LiteDoge out of range and potentially in a volatile position if the rally burns out.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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