[DigitalToday reporter Jinju Hong (홍진주)] Dogecoin (DOGE), a leading meme coin, is maintaining expectations of long-term growth despite a weakening trend. Its community-driven ecosystem and sustained interest are prompting talk of possible price gains ahead.

On the 29th (local time), blockchain media outlet Cryptopolitan reported that Dogecoin is trading around $0.0908 and is facing short-term downward pressure.

Technical indicators also show mixed signals. On the daily chart, selling pressure widened and the price fell. Bollinger Bands narrowed to an upper band of $0.099 and a lower band of $0.0885, signalling a move into a lower-volatility phase. The relative strength index (RSI) also fell from neutral territory, flashing a bearish signal.

Some signs of a short-term rebound are also being detected. On the 4-hour chart, buying interest has come in, keeping the price above support, and the RSI is rising from neutral territory, showing some recovery signals. The Fear and Greed Index, a gauge of market sentiment, is at “extreme fear,” meaning the possibility of increased volatility in the near term cannot be ruled out.

A more optimistic scenario is presented for the longer term. According to related analysis, Dogecoin could trade between a minimum of $0.0719 and a maximum of $0.16 in 2026, reach as high as $0.26 in 2027, climb to as high as $0.35 in 2028, and approach $0.54 in 2030. Further analysis also suggested it could come close again to its all-time high of $0.73 in 2032.

Behind these expectations is Dogecoin’s distinctive ecosystem. Dogecoin is maintained and expanded by part-time developers and the community, and its social media-based supporter base influences price volatility. Some investors are calling for the introduction of a supply cap, but the current structure has no limit on issuance, which is cited as a long-term risk.

Analysis says Dogecoin’s future path depends on the community’s influence, broader market investment sentiment and whether there are changes to its supply structure. In the short term, a technical rebound is being raised alongside a weakening trend, while in the longer term a gradual rise scenario is being discussed along with high volatility.