Dogecoin’s $0.21 Problem: Why This Analyst Says Keep It On Your Radar

On Monday, social media influencer Ali Martinez, known popularly on X as Ali, drew the attention of the crypto community to an important resistance level for Dogecoin (CRYPTO: DOGE).

Major Technical Barrier For DOGE

Ali underscored how 10.50 billion DOGE were recently accumulated at $0.21—a price that could now act as a significant technical barrier.

The popular analyst shared a cost basis distribution heatmap sourced from Glassnode on X. According to Ali, “10.50 billion $DOGE were accumulated at $0.21. That’s a big resistance zone forming. Keep this level on your radar!”

Full story available on Benzinga.com