When compared to other cryptocurrencies, Dogecoin’s (DOGE) volatility has been about average. The Digital Money has increased 2.79% to $0.08998272295 so far on Sunday.
Dogecoin is ranked 33rd among all cryptocurrencies by nvestorsObserver for moderate volatility, which puts it in the bottom 33% of the market.
The Volatility Gauge analyses, so a single day won’t determine where it ranks in terms of volatility; a trend will. Given its low reading on the Risk/Reward Gauge and moderate volatility reading, DOGE is well insulated from price manipulation and has only moderate price movements.
The price of Dogecoin is moving close to resistance. Having a resistance of $0.0912981307372448 and a support area of $0.0854533961281178. As a result, Dogecoin may face future selling pressure since it may be overextended.
