Dogecoin (DOGE) Price Prediction for August 8

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/Zone Level / 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 .