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Dogecoin (DOGE) Price Prediction for August 27

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Dogecoin-DOGE-Price-Prediction-Analysis

The Dogecoin price today is trading at $0.210, consolidating inside a broad symmetrical triangle that has guided August’s action. The structure is tightening with higher lows meeting descending resistance near $0.226. This compression suggests a breakout is approaching, with $0.226 as the first upside pivot and $0.206 as the immediate base to defend.

What’s Happening With Dogecoin’s Price?

DOGE price dynamics (Source: TradingView)

On the daily chart, DOGE is holding the $0.21 zone, aligning with the 0.236 Fibonacci retracement at $0.218. Repeated rebounds from this level confirm strong buyer interest, though overhead resistance at $0.226 (Fib 0.382) has capped every rally attempt this month. Above this, the next hurdles sit at $0.238 (Fib 0.5) and $0.249 (Fib 0.618).

DOGE price dynamics (Source: TradingView)

Volume Profile analysis highlights heavy trading around $0.23, making this a key supply band. If DOGE clears it, the path opens toward the broader $0.26–$0.29 resistance pocket. On the downside, $0.20 remains the structural line in the sand, with deeper support at $0.188.

Why Is the Dogecoin Price Going Down Today?

DOGE price dynamics (Sour…

The post Dogecoin (DOGE) Price Prediction for August 27 appeared first on Coin Edition.

2d ago
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