Anticipated Dogecoin Value on August 9th
Dogecoin (DOGE), the popular meme-inspired cryptocurrency, is currently trading at around $0.2364 as of mid-August 2025.
The current price range for DOGE is approximately $0.23 to $0.25, and the market is experiencing growth according to CoinMarketCap.
From a short-term perspective, the price action shows a recent false breakout of the local resistance at $0.2383 on the hourly chart. However, if the hourly candle for DOGE closes far from this resistance, there is a high chance of a correction to the $0.23 area.
In the medium term, Dogecoin is in a wide channel between the support of $0.1411 and the resistance of $0.2867. Moderate estimates from CoinCodex models forecast DOGE to trade around $0.27 on average in 2025, with a range between $0.23 and $0.34.
More optimistic forecasts, based on DOGE’s historical multi-year cycles, predict a bull run raising DOGE’s price to about $1 to $2.28 by the end of the current cycle in early 2026. Technical analysis and recent price action (including a recent “golden cross”) suggest potential for a 30% to 90% upside, possibly driving DOGE up to $0.30 to $0.50.
Short-term technical patterns identify resistance levels near $0.238 to $0.25 and support near $0.22. A bullish breakout above $0.25 could potentially pave the way to about $0.29–$0.30.
It's worth noting that ongoing whale buying activity, with over 1 billion DOGE tokens (~$200 million) accumulated, may support further price gains.
In summary, short-term price movement is fluctuating around $0.23–$0.25, with technical signals bullishly favoring a breakout to around $0.30 or above. Medium-to-long-term projections range from $0.27–$0.34 on the conservative side to $1 or more, potentially reaching over $2 based on historic cyclic patterns by early 2026.
However, it's important to remember that these forecasts are subject to broader crypto market trends and Dogecoin’s adoption dynamics, so forecasts vary considerably among experts.
References:
- CoinCodex Dogecoin Price Prediction
- NewsBTC Dogecoin Price Prediction
- CoinGape Dogecoin Price Prediction
- CoinGape Dogecoin Technical Analysis
- FXEmpire Dogecoin Price Prediction
- The current short-term trading of Dogecoin (DOGE) suggests a bullish breakout, potentially driving the price up to around $0.30 or above, as per technical analysis and recent price action.
- In the medium term, Dogecoin is predicted to trade around $0.27 on average in 2025, according to CoinCodex models, with a range between $0.23 and $0.34.
- More optimistic forecasts based on Dogecoin’s historical multi-year cycles predict a bull run, raising the price to about $1 to $2.28 by the end of the current cycle in early 2026. This is backed by ongoing whale buying activity, with over 1 billion DOGE tokens (~$200 million) accumulated, which may support further price gains.
