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Where’s Next Major Dogecoin Resistance? On-Chain Data Points To This

  • On-chain data suggests upcoming Dogecoin level at $0.36 could act as a resistance wall based on investor cost basis distribution.
  • URPD indicator shows $0.21 as a prominent acquisition point for 7.5% of DOGE supply, while $0.36 marks acquisition of 3.8% of all tokens.
  • Investor psychology ties cost basis with potential reactions to price retests; significant levels may lead to buying or selling actions.
  • Levels at $0.21 and $0.36 could serve as important support and resistance zones respectively for Dogecoin, affecting market dynamics.

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