Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Digital Money has declined 10.85% to $0.1840219739.
InvestorsObserver is giving Dogecoin a 45 Volatility Rank. Find out what this means to you and get the rest of the rankings on Dogecoin!
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 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 favorably positioned going forward. With support near $0.169389260662138 and resistance near $0.191349161518156. This positions Dogecoin with room to run before facing selling pressures.
