BTC/USD $68,420 +2.8%
ETH/USD $3,540 +1.4%
SOL/USD $142.80 -0.6%
BNB/USD $605.20 +0.9%
XRP/USD $0.62 -1.2%
DOGE/USD $0.18 +5.4%
BTC/USD $68,420 +2.8%
ETH/USD $3,540 +1.4%
SOL/USD $142.80 -0.6%
BNB/USD $605.20 +0.9%
XRP/USD $0.62 -1.2%
DOGE/USD $0.18 +5.4%
Markets

Dogecoin Price Prediction: $DOGE Could Skyrocket go to Next $0.10?

Dogecoin started life back in 2013 as a joke coin, and somehow it's still one of the most traded names in crypto more than a decade later. Right now it's changing hands around $0.07494, up sh

AnonymousCryptoCompass newsroom
August 20, 2026
6 min read
NEWS
Dogecoin Price Prediction: $DOGE Could Skyrocket go to Next $0.10?
CryptoCompass editorial visual for markets coverage.

Dogecoin started life back in 2013 as a joke coin, and somehow it's still one of the most traded names in crypto more than a decade later. 

Right now it's changing hands around $0.07494, up sharply on the day, with a total market cap of $11.652B, making it the 11th largest cryptocurrency out there. 

That kind of staying power for a coin that began as a meme says a lot about how sticky its community has stayed over the years. This dogecoin price prediction looks at where that momentum could take price next.

Live Market Data

Metric

Value

Price

$0.07494

24h Change

+7.0%

24h Range

$0.06984 - $0.07626

Market Cap

$11.652B

24h Trading Volume

$875.35M

Circulating Supply

155.564B

Total Supply

155.566B

Max Supply

Infinite

Source: $DOGE market cap data taken from Coingecko, data as of Aug 20, 2026. Figures may vary slightly across other tracking websites. 

Liquidation Snapshot

Dogecoin's move higher wasn't free of pain for traders on the wrong side of it. 

Over the past 24 hours, $6.95M in positions got wiped out, and shorts absorbed the bulk of it at $5.49M against just $1.46M in long liquidations, a sign that sellers got caught leaning the wrong way into the bounce. Liquidation Snapshot

Source: Liquidation Data Taken From Coinglass.

Zoom into the shorter windows, and the picture flips a bit. In the past hour, longs actually took the bigger hit at $27.19K versus a mere $773 in shorts, hinting that some of the fast money chasing this pump got stopped out just as quickly. 

The 4-hour window sits more balanced, with $38.20K in long liquidations against $41.03K in shorts. 

Exchange Volume

Binance continues to dominate $DOGE futures activity with $687.22M in volume, well ahead of OKX at $423.56M and Bybit at $220.58M. Exchange Volume

Source: Volume Heatmap Data Taken From Coinglass.

MEXC, Bitget, and Gate round out the next tier, while smaller venues like Bitunix, WhiteBIT, KuCoin, HTX, and Aster contribute smaller but still meaningful slices of the total.

Dogecoin News Today:

Sentiment across crypto social media has turned notably upbeat on Dogecoin over the last half day or so.

One well-followed trader flagged the coin's sharp move higher as evidence that momentum is building beneath the surface.Dogecoin News Today

Source: Data Taken From @krisspax, X Account.

Another voice in the community pointed to Dogecoin's low price point as an accessible entry for traders looking to ride the next leg, framing the current setup as an easy one to get into. social sentiment

Source: Data Taken From @DogecoinRise, X Account.

Neither take dives into specific price levels, but the overall tone lines up with the bullish tilt seen in the liquidation data.

Key Takeaways

  • $DOGE has broken out of the descending channel that had been building since July, and the price is now retesting the breakout zone near $0.075.

  • Current price sits at $0.07494, up 7.0% over the past 24 hours, inside a 24-hour range of $0.06984 to $0.07626.

  • Immediate resistance sits at $0.07893. A clean close above that level opens the path toward $0.08899 and then $0.09957.

  • Support below the current zone rests at $0.07194, with a deeper floor at $0.06766 if the retest fails.

  • Liquidation data leans bullish for now, with short sellers taking the bigger hit over the past 24 hours, a detail worth watching for the broader dogecoin price prediction picture

Technical Analysis

Daily Chart Analysis for Dogecoin Price Prediction: 

$DOGE spent from July onward grinding lower inside a well-defined descending channel on the daily chart, with lower highs and lower lows stacking up against each other. Daily Chart Analysis

Source: Chart Taken From TradingView.

That structure just broke. Price punched above the channel's upper boundary and is now sitting right at $0.07480, according to TradingView data. What happens next hinges on volume. 

A retest that holds with buyers stepping in typically confirms the breakout and opens room toward $0.07893 first, then $0.08899. 

A rejection here instead sends the price back down to retest $0.07194 and potentially $0.06766. 

This is the classic fork in the road for this dogecoin price prediction, and the next couple of candles should make the direction clear.

Support and Resistance Levels

Level Type

Price

Resistance 2

$0.09957

Resistance 1

$0.08899

Nearest Resistance

$0.07893

Immediate Price Reference

$0.07494

First Support

$0.07194

Structural Floor

$0.06766

These levels for this dogecoin price prediction are pulled directly off the 1D chart, from the nearest resistance right down to the structural floor.

Bull, Base, and Bear Case

Scenario

Price level

Invalidation

Bull

$0.0889 - $0.0996

Fails to close daily above $0.0789 on strong volume

Base

$0.0719 - $0.0789

Price chops inside the retest zone without a decisive break either way.

Bear

$0.0677 or lower

The breakout zone at $0.0719 gives way, and the old channel resumes

These three scenarios form the core of this dogecoin price prediction, weighted by how the retest of the breakout zone plays out over the coming sessions.

Glossary

Descending Channel: A chart pattern formed by two parallel downward-sloping trendlines connecting a series of lower highs and lower lows.

Breakout: A price move above (or below) a defined chart boundary, often signaling a potential trend shift.

Retest: When the price returns to a broken support or resistance level to confirm whether it now acts as the opposite (support becomes resistance or vice versa).

Resistance: A price level where selling pressure has historically been strong enough to stop further upward movement.

Support: A price level where buying pressure has historically been strong enough to halt further downward movement.

Liquidation: The forced closure of a leveraged trading position when losses exceed the trader's margin.

Market Cap: The total value of all circulating coins, calculated as price multiplied by circulating supply.

Methodology

All price levels, support and resistance zones, and channel structures referenced in this dogecoin price prediction are derived directly from the 1D DOGE/USDT chart on TradingView, cross-checked against live market data and Coinglass liquidation figures at the time of writing. No price levels are extrapolated beyond what the chart structure supports.

Disclaimer: This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency markets are highly volatile, and prices can change rapidly. Always conduct your own research and consult a licensed financial advisor before making investment decisions.