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Dogecoin (DOGE) Price Prediction for August 8

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Dogecoin-DOGE-Price-Prediction-Analysis

After pulling back from the $0.26 resistance last week, Dogecoin price today is consolidating near $0.206, clinging to a critical horizontal support aligned with the lower bound of the previous breakout zone. This comes after DOGE dipped back into the descending channel structure, risking a breakdown continuation if volume fails to return.

Dogecoin Price Forecast Table: August 8, 2025

Indicator/ZoneLevel / Signal
Dogecoin price today$0.2061
Resistance 1$0.2135 (EMA cluster top)
Resistance 2$0.2468 (Supertrend barrier)
Support 1$0.2030 (Lower range support)
Support 2$0.1950 (Bollinger Band bottom)
VWAP (30-min)$0.2049 (capping price)
RSI (30-min)60.67 (losing momentum)
DMI (1D)Mixed, -DI leads slightly
Bollinger Bands (4H)Compressing, neutral setup
EMA Cluster (20/50/100/200)All above price (bearish pressure)
OBV (Weekly)Stable near $64.5B
Spot Netflow (Aug 7)-$1.37M (mild bearish bias)
Supertrend (1D)Bearish under $0.2468

What’s Happening With Dogecoin’s Price?

DOGE price dynamics (Source: TradingView)

On the daily timeframe, Dogecoin price has returned to retest the lower boundary of the broad descending channel it broke from in July. Price is hovering near $0.206, …

The post Dogecoin (DOGE) Price Prediction for August 8 appeared first on Coin Edition.

5d ago
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