Here is the current situation and forecast for Dogecoin (DOGE) for today — August 6, 2025:

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🪙 Current DOGE price

Dogecoin is oscillating today around $0.20 USD, noting a decline of about -3.8% over the last 24 hours – depending on the source, in the range of $0.1964–$0.2001.

---$DOGE

🚀 Short-term forecasts (for today/tomorrow)

Binance

The forecast assumes a rise of around +5%, which could bring DOGE to a level of ~$0.197 – 0.1996 within the next day.

CoinLore

Forecast range for today:

Lower bound: ~$0.188

Upper: ~$0.1963 Forecasted price for tomorrow: ~$0.1887. The weekly forecast predicts declines to around $0.184–0.199.

Traders Union

Forecasts:

Decline of ~2.5% to $0.1956

In 48 hours, a decline to $0.1829 is possible.

Over the week: up to $0.1773. 1-month growth potential: +24% → $0.2490.

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📈 Technical factors and sentiment

According to CryptoRank's report: DOGE has bounced off the EMA 200 level, which may signal a continuation of the upward trend. RSI has risen from oversold (~30), and MACD is approaching a golden cross on the 4-hour timeframe.

Articles (including BraveNewCoin) report an increase in open interest above $3 billion, which heightens hopes for a breakout above resistance at $0.24 in the short term.

According to Coindcx, a possible breakout in August in the range of $0.30–$0.35, supported by rising sentiment and MACD momentum.

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📊 Summary of short-term forecasts

Source Trend / Forecast Key levels

Binance Slight increase +5% ~ $0.197–0.199

CoinLore Slight correction $0.188 – $0.196

Traders Union Decline 24–48h (~-2.5% to -8.9%) 1-week down to ~ $0.177

Crypto technical & sentiment RSI + MACD indicate a rebound, possible breakout axe ~ $0.24

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✅ Conclusion – what to expect today?

Currently, DOGE is likely to remain in the range of $0.19 – 0.20.

A slight downward correction to $0.188 is possible, but if support at $0.195 holds, a slight rise towards $0.20 is possible.

If buyers support the momentum (RSI + MACD + rising open interest), DOGE may try to break above $0.20, which opens the way to a level of ~$0.22–0.24.

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🔍 Factors influencing the rate

Technical momentum (EMA, MACD, RSI) suggests a possible reversal after a selling period.

Open interest is rising on contracts, exceeding $3 billion, which could drive further upward movement — potentially towards resistance at $0.24.

Market sentiment — investor sentiment moderate, Fear & Greed index around ~60 (greed zone).