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Dogecoin Resistance Walls Ahead: Analyst Flags 3 Key Levels

  • An analyst has identified three key resistance levels for Dogecoin based on on-chain data.
  • The UTXO Realized Price Distribution (URPD) indicator reveals supply walls at $0.18, $0.21, and $0.36, with $0.18 having the largest impact.
  • Investors often react when prices retest significant supply levels, potentially leading to market resistance.
  • If Dogecoin breaks above the resistance levels, it might find easier paths for upward movement, while strong support is identified at $0.07.

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