Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has lost 4% to $0.0708491893.
Moderately VolatileInvestorsObserver gives Dogecoin a moderate volatility rank of 34, placing it in the bottom 34% of cryptos on the market.
The Volatility Gauge follows 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 at $0.0680937275055387 and resistance around $0.0713813110950925. This positions Dogecoin with potential selling pressures ahead as it may be getting over extended.