Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has dropped 2.54% to $0.0596454934.
Moderately VolatileInvestorsObserver gives Dogecoin a moderate volatility rank of 26, placing it in the bottom 26% of cryptos on the market.
The Volatility Gauge takes into account meaning that one day won't make or break its rank. 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 $0.0579986198848511 and resistance at $0.0598811618095661. This leaves Dogecoin with potential selling pressures ahead as it may be getting over extended.