Dogecoin has been relatively calm this year compared to bitcoin and ether, but a technical analysis indicator called Bollinger bandwidth suggests that this may be the calm before the storm. The Bollinger bandwidth measures volatility relative to price gyrations and shows periods of rising or declining volatility. Dogecoin's daily chart shows that the Bollinger bands have recently tightened, pushing the bandwidth down to its lowest level since February 2019, indicating that a volatility explosion may be imminent. The impending volatility explosion is agnostic to price direction, meaning that the big move can be either bearish or bullish.
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