Will Dogecoin lose its woof as market volatility rises?

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Leading meme coin Dogecoin [DOGE] may experience headwinds this week as volatility markers hint at the possibility of significant...

Technical indicators hinted at the possibility of a price swing in either direction.may experience headwinds this week as volatility markers hinted at the possibility of significant short-term price swings.data, its price has increased by 20% in the last week.Price swings on the horizon

This indicator gauges an asset’s market volatility and potential price movements. When the gap between its lower and upper bands widens, it indicates an increase in volatility.data, DOGE’s trading volume climbed to a weekly high of $7 billion on the 28th of March. Further confirming the possibility of a market swing, the value of DOGE’s Average True has risen by 5% in the past three days.

Readings from the coin’s Directional Movement Index showed the positive directional index above the negative index.

 

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