The Dogecoin price today is trading around $0.212 after losing 2.5% in the last session. Despite recovering from the $0.20 low earlier this week, DOGE remains pinned under a descending channel on the 4-hour chart. Sellers continue to defend the $0.22–$0.225 resistance cluster, while buyers are relying on the $0.21 pivot to prevent a deeper slide toward $0.19. Dogecoin Price Forecast Table: August 23, 2025 Indicator/Zone Level / Signal Dogecoin price today $0.212 Resistance 1 $0.225 (channel top) Resistance 2 $0.247 (Fib / daily triangle) Support 1 $0.21 Support 2 $0.20 / $0.19 RSI (30-min) 34.7 (Near oversold) EMAs (20/50/100/200, 4H) Bearish stack, capped near $0.22 Bollinger/Keltner Channels Compression, volatility squeeze DMI (1D) -DI leads, bearish momentum intact Netflow (Aug 22) -$9.5M (mild bullish, not confirmed) Short-Term Trend Bias Neutral-Bearish below $0.225 What’s Happening With Dogecoin’s Price? DOGE price forecast (Source: TradingView) On the 4-hour chart, Dogecoin is trapped inside a falling channel after repeated rejections from the $0.25 zone earlier this month. The purple trendline support from July has been broken, shifting momentum in favor of sellers. … The post Dogecoin (DOGE) Price Prediction for August 23 appeared first on Coin Edition .