Dogecoin (DOGE) is facing a critical resistance level at $0.20, according to on-chain data from Glassnode. Approximately 11.12 billion DOGE have been accumulated at this price point, forming a significant supply barrier. Despite a recent 7% increase, DOGE is currently trading at around $0.18. Analysts indicate that surpassing this resistance with substantial trading volume could potentially lead to a new price rally.