Dogecoin (DOGE) Underperforms Crypto Market as it Rises 0.51% on Wednesday

Dogecoin (DOGE) is a digital currency that is relatively average in terms of volatility when compared to other cryptocurrencies. InvestorsObserver gives Dogecoin a moderate volatility rank of 25, placing it in the bottom 25% of cryptos on the market. This means that the coin has moderate price swings and is well protected from price manipulation. Dogecoin has support at $0.0803892782749825 and resistance at $0.0829244575323754, which positions it with room to run before facing selling pressures. A coin is a cryptocurrency that exists on its own blockchain and is typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary.

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About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

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