Dogecoin (DOGE) has been relatively less volatile when compared to other cryptocurrencies. So far Tuesday, the Digital Money has dropped 7.24% to $0.06641340787.
Low VolatilityInvestorsObserver gives Dogecoin a low volatility rank of 21, placing it in the bottom 21% 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 low volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Dogecoin price is trading near resistance. With support near $0.0602941802530124 and resistance at $0.0680987602858378. This leaves Dogecoin with potential selling pressures ahead as it may be getting over extended.