What’s in Store Next for Dogecoin (DOGE) After 0.93% Tuesday Increase?

Dogecoin (DOGE) has shown average volatility compared to other cryptocurrencies, with a gain of 0.93% so far on Tuesday to reach $0.0731094651. InvestorsObserver has awarded Dogecoin a 32 Volatility Rank. Its reading of moderate volatility is coupled with a low reading on the Risk/Reward Gauge, suggesting the coin has moderate price swings and is well protected from price manipulation. Dogecoin is trading close to resistance at $0.0735186667185377, with support at $0.0712754384618352. This positions Dogecoin with potential selling pressures ahead, as it may be getting over-extended. A coin is a cryptocurrency that exists on its own blockchain and is typically used for payments. Depending on the cryptocurrency, payments may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes. Dogecoin ranks in the bottom 32% of all cryptos on the market for volatility.

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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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