Dogecoin News Today: DOGE Price Consolidates at $0.236 After 8.2% 24-Hour Surge

The DOGE price is currently consolidating around $0.236 as of August 9, 2025, amid mixed signals from short-term and longer-term forecasts. According to recent data, the price surged by 8.2% in 24 hours, climbing from $0.20 to over $0.22, but has since retreated to $0.2364 [4]. Analysts are closely monitoring key resistance levels such as $0.24 and $0.26, as well as support at $0.225–$0.22, to determine the next likely direction of the asset [1].

On the hourly chart, DOGE has experienced a false breakout of the $0.2383 resistance level. A candle closure far from this mark could signal a correction back to the $0.23 range [1]. Meanwhile, bulls continue to hold the upper hand on broader time frames, with attention focused on the $0.2466 resistance level. A confirmed breakout here could lead to further gains into the $0.25–$0.26 range [1].

From a mid-term perspective, DOGE remains within a wide trading channel between $0.1411 (support) and $0.2867 (resistance), with current sideways movement expected to persist between $0.22 and $0.25 [1]. The 50-day and 200-day exponential moving averages (EMAs) remain above the current price, suggesting a bearish bias [2].

Short-term price models based on daily growth projections suggest DOGE could reach $0.2352 by the end of August 9, 2025 [6]. More aggressive forecasts from analysts predict that the price could hit $0.40 within a year, depending on developments in the broader market and investor sentiment [8].

Longer-term predictions are more optimistic, with some analysts forecasting DOGE reaching $0.30 by the end of August and potentially climbing toward $1 by the end of 2025 [7]. These projections are based on whale activity and technical analysis, though they remain speculative and subject to market volatility [7].

The immediate price action will be crucial in determining DOGE’s trajectory. A strong breakout above $0.24 could trigger a more sustained upward move, while failure to maintain this level could lead to a retest of key support levels [5]. Traders are advised to monitor volume and momentum indicators for confirmation of any directional shift [5].

Source:

[1] U.Today, https://u.today/doge-price-prediction-for-august-9

[2] CoinCentral, https://coincentral.com/doge-price-fails-expectations-with-0-50-far-away-unilabs-grabs-traders-with-cmc-listing/

[4] The, https://www.thecoinrepublic.com/2025/08/09/dogecoin-could-rally-to-1-10-remittix-set-to-announce-major-cex-listings/

[5] The, https://thetradable.com/crypto/doge-coin-price-on-fire-028-within-reach-as-bulls-smash-through-key-levels-ig--a

[6] Bitget, https://www.bitget.com/price/dogecoin/price-prediction

[7] Cryptonews, https://cryptonews.com/news/dogecoin-price-1-billion-doge-prediction/

[8] The, https://www.fool.com/investing/2025/08/08/prediction-dogecoin-will-be-worth-040-in-1-year/