Dogecoin (DOGE) URPD Chart Shows Where Large Chunks of DOGE Have Last Changed Hands

Crypto analyst Ali Martinez (@ali_charts) published a new UTXO Realized Price Distribution (URPD) chart on X that offers a deep look at where large chunks of DOGE have last changed hands.

Crypto analyst Ali Martinez (@ali_charts) posted a new UTXO Realized Price Distribution (URPD) chart on X that provides a unique perspective on where large tranches of DOGE last changed hands. The histogram showcases distinct clusters of on-chain activity, highlighting the most significant price levels that could be pivotal for the meme coin’s next major move.

Specifically, Martinez highlighted $0.177 as strong support and $0.207 as notable resistance for immediate trading decisions. However, the chart offers a broader view with several other conspicuous price levels to watch closely.

What This Means For Dogecoin Traders

The chart reveals Dogecoin’s largest URPD cluster around $0.177, amounting to roughly 8.01% of DOGE’s total supply (approx. 11.89 billion tokens). This high concentration indicates a significant volume of coins last transacted in that range.

Due to the large number of DOGE holders with cost bases around $0.177, analysts typically identify this level as an important support zone—where buyers could step in to defend their positions.

Another notable cluster appears at $0.2069, encompassing about 7.04% of the total supply (approximately 10.45 billion tokens). Martinez marks it as key resistance, denoting a substantial group of holders who acquired DOGE at or near this price. As the market approaches $0.207, some participants might seek to break even or take small gains, potentially creating selling pressure.

One of the most striking observations is the large spike at $0.06653, where approximately 30 billion tokens underwent transactions. It is by far the highest bar, dwarfing many of the smaller clusters on the chart, signifying that a massive volume of DOGE supply shifted at that price in the past.

Even though the market is currently well above $0.06653, this level could be crucial if prices were ever to correct sharply. It represents a substantial cost basis for a large portion of holders, potentially turning it into a powerful area of support should Dogecoin experience a deeper downside move below $0.177.

On the upside, the histogram showcases two major concentrations above current prices. Around $0.2753, slightly below 5 billion tokens were transacted, and at $0.3622, slightly above 5 billion tokens exchanged hands. These tall bars may act as key resistance hurdles if Dogecoin can breakout of the shorter-term ceiling at $0.207.

After DOGE sustains gains beyond $0.207, traders might look for momentum to carry the token toward $0.2753, where fresh resistance could appear. If bullish sentiment remains strong, the region around $0.3622 might become the next important level to watch.

At press time, DOGE is trading at $0.196.