- Dogecoin tests key support as sellers defend major EMA resistance levels.
- SHIB holds above short-term support despite failing to clear key resistance.
- MemeCore remains bearish unless buyers reclaim the 20-day EMA resistance.
Meme coins remain under pressure as Dogecoin, Shiba Inu, and MemeCore struggle to build sustainable recoveries. Their daily charts show different degrees of weakness, but sellers still control the broader trend. DOGE trades near a critical support zone, while SHIB attempts to protect its recent recovery.
Meanwhile, MemeCore continues to consolidate after suffering a steep decline. Consequently, the three tokens need important technical breakthroughs before traders can expect stronger bullish momentum.
Dogecoin trades around $0.06994 and remains below its major exponential moving averages. The 20-day EMA at $0.07250 now represents the first significant hurdle for buyers. Additionally, the 50-day EMA near $0.07761 reinforces the bearish structure.
The 100-day and 200-day EMAs remain higher at $0.08546 and $0.10175. Hence, DOGE needs sustained buying interest to challenge its broader downtrend.
Dogecoin Price Dynamics (Source: Trading View)
The $0.06945 Fibonacci level provides immediate support. A daily close below that level could expose $0.0650. Conversely, reclaiming $0.07250 could improve sentiment and support a move toward $0.07488.
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Moreover, DOGEs BB %B reading near 0.10 places price close to the lower Bollinger Band. That positioning signals weak momentum but leaves room for a technical bounce.
Shiba Inu Price Prediction: SHIB Attempts to Hold Its Recovery
Shiba Inu trades near $0.00000464 after rejecting resistance around the $0.00000517 Fibonacci level. The pullback also pushed SHIB below the $0.00000475 level.
However, the token still holds above its 20-day EMA near $0.00000447. It also remains slightly above the 50-day EMA around $0.00000459.
Shiba Inu Price Dynamics (Source: Trading View)
A break below $0.00000447 could expose major support near $0.00000406. Meanwhile, reclaiming $0.00000475 could open the path toward $0.00000496 and $0.00000517.
The BB %B reading near 0.73 shows SHIB remains in the upper half of its recent trading range. Therefore, buyers still retain some short-term momentum despite the latest pullback.
MemeCore Price Prediction: MemeCore Needs a Stronger Breakout
MemeCore trades around $1.1709 while remaining below every major daily EMA. The 20-day EMA at $1.2597 provides the nearest major resistance.
Additionally, the 50-day EMA stands near $1.6586, while longer-term averages remain above $2.00. Consequently, MemeCore still faces substantial overhead resistance.
MemeCore Price Dynamics (Source: Trading View)
The $1.1348 Fibonacci level offers immediate support, followed by the $1.087–$1.10 region. A deeper breakdown could expose the previous $0.4790 swing low.
MemeCores BB %B reading near 0.24 indicates weak positioning within the Bollinger Band range. Hence, a rebound remains possible, but buyers need to reclaim $1.26 first.