According to Odaily, cryptocurrency analyst @ali_charts has revealed data on the X platform indicating that DOGE is encountering significant resistance between $0.166 and $0.171. Approximately 75,500 addresses have acquired nearly 10 billion DOGE within this range. However, if this hurdle is overcome, the price of DOGE has the potential to double. The next key resistance point is around $0.322.
The data suggests that a large number of DOGE holders are waiting for the price to increase. The resistance between $0.166 and $0.171 is a critical point for the cryptocurrency. If this resistance is broken, the price of DOGE could potentially surge to double its current value.
The next significant resistance point, according to the analyst, is at approximately $0.322. This indicates that if the price of DOGE can break through the current resistance, there is a potential for a significant increase. However, it is important to note that these predictions are based on current market conditions and can change with market fluctuations.
