Press "Enter" to skip to content

Tag: transparent blockchain insights

Dogecoin May Encounter Resistance at $0.20 with Over 11 Billion Coins Accumulated

The post Dogecoin May Encounter Resistance at $0. 20 with Over 11 Billicom. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → Dogecoin faces a strong resistance level at $0. 20, where over 11. 12 billion DOGE tokens were accumulated by investors, according to on-chain data from Glassnode. This concentration creates a supply barrier that could hinder price rallies unless strong buying volume emerges. Dogecoin’s $0. 20 resistance stems from mass accumulation of 11. 12 billion tokens at that price point. On-chain analysis highlights how this zone acts as a supply wall during market recoveries. Recent price action shows Dogecoin trading around $0. 18, with a 7% surge but still below the key level; breaking it could signal a rally. Dogecoin $0. 20 resistance level analyzed: 11. 12 billion DOGE accumulated, forming a major barrier. Discover on-chain insights and future outlook for DOGE traders. Stay informed on crypto trends-explore more now! What is the $0. 20 Resistance Level for Dogecoin? The Dogecoin $0. 20 resistance level represents a critical price zone where a significant volume of the cryptocurrency was purchased, creating a natural barrier to upward price movement. According to on-chain data from analytics firm Glassnode, over 11. 12 billion DOGE tokens were accumulated around this price, indicating heavy investor interest.