What’s Next for Dogecoin (DOGE) after Wednesday’s 3.98% Increase?
Dogecoin (DOGE) has been rising in price relative to other cryptocurrencies, gaining nearly 4% to reach a value of $0.08135937458. InvestorsObserver has given Dogecoin a moderate volatility rank of 34, placing it in the bottom 34% of cryptocurrencies. The coin has moderate price swings, but is well protected from price manipulation. Dogecoin price is currently trading above resistance, with support set at $0.0773588020956831 and resistance set at $0.0795289327061491. This puts Dogecoin out of range and potentially in a volatile position if the rally fizzles out. A coin is a cryptocurrency that exists on its own blockchain, typically used for payments. The specific usage may vary depending on the cryptocurrency and its particular sub-class. InvestorsObserver provides daily updates on market news and movements for subscribers.