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On-Chain Data Shows Dogecoin At A Crucial Inflection Point

  • Dogecoin (DOGE) is at a crucial inflection point, according to on-chain data analysis.
  • The UTXO Realized Price Distribution (URPD) chart reveals clusters of on-chain activity, highlighting significant price levels for DOGE.
  • Key support is found at $0.177, with a concentration of approximately 11.89 billion tokens last transacted in that range.
  • Notable resistance is seen at $0.207, with around 10.45 billion tokens acquired at or near that price.

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