DOGE Downtrend Continues as ETF Inflows Struggle to Offset Supply Risks

Dogecoin (DOGE) has been experiencing a downtrend, with its price retreating nearly 5% over the past week to trade near $0.094. Despite this decline, the cryptocurrency maintains a bullish daily chart structure, and trend-following indicators confirm strong buyer dominance.

However, the market is also being affected by persistent high network issuance, which may overshadow the robust ETF inflows that have been supporting the price. The Grayscale Dogecoin Trust received $2.89 million in inflows this week, marking its highest weekly inflows since November 2025.

The expected trading range for next week is between $0.0899 and $0.10059, with a 79% probability of an increase and 21% odds of a decline. The base case is consolidation or a gradual drift higher while holding above $0.0921 support.