Dogecoin Soars 9% Beyond Resistance Level

Dogecoin experienced a significant surge of over 9% on August 9, 2025, breaking through its 14-day resistance and surpassing the $0.25 mark for the first time in two weeks. This notable rise coincides with heightened ETF approval optimism and speculative trading activity driving the cryptocurrency market. According to data from Binance and other exchanges, Dogecoin’s price increase is fueled by increased long/short ratios as reflected in trading platforms like Binance and OKX, which highlight trader optimism regarding the meme coin’s future.