Dogecoin (DOGE) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Digital Money has gained 15.11% to $0.1027703675.
The Volatility Gauge takes into account 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 above resistance. With support set at $0.0863148040956337 and resistance near $0.0936511598414261. This leaves Dogecoin out of range and potentially in a volatile position if the rally burns out.