Baby Doge Coin (BabyDoge) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has declined 19.34% to $0.000000002663403454.
Moderately Volatile
InvestorsObserver gives Baby Doge Coin a moderate volatility rank of 61, placing it in the top 39% of cryptos on the market.
The Volatility Gauge analyzes this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
BabyDoge’s moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Baby Doge Coin price is trading above resistance. With support set at $0.00000000247042453441043 and resistance set at $0.00000000265847188987539. This leaves Baby Doge Coin out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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