Recently, the DOGE ( market has shown a positive trend, with a 24-hour rise of 7.5%, reaching the 0.254 USD mark. Nevertheless, multiple market indicators are suggesting that this wave of rise may be difficult to sustain.
In the long term, the outlook for DOGE remains bleak. According to Glassnode's UTXO realized price distribution )URPD( data, this cryptocurrency has successfully broken through the resistance level of $0.20, but still faces a stronger resistance at $0.36. This level has historically blocked DOGE's upward momentum multiple times, with at least two significant rebounds being hi
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