Baby Doge Coin (BabyDoge) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has fallen 8.25% to $0.000000001449433115.
InvestorsObserver gives Baby Doge Coin a moderate volatility rank of 33, placing it in the bottom 33% of cryptos on the market.
The Volatility Gauge analyzes meaning that one day won’t make or break its rank.
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 near resistance. With support set at $0.00000000128838992729023 and resistance near $0.00000000149211452004132. This positions Baby Doge Coin 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.