Dogeswap (DOGES) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the crypto has increased 1.32% to $3.88.
Low Volatility
InvestorsObservergives Dogeswap a low volatility rank of 18, placing it in the bottom 18% of cryptos on the market.
The Volatility Gauge analyzes meaning that one day won’t make or break its rank.
DOGES’s low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Dogeswap price is trading near resistance. With support near $3.77 and resistance near $3.89. This leaves Dogeswap with potential selling pressures ahead as it may be getting over extended.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.Â
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