🚀 Meme Coin Mania: Dogecoin, Shiba Inu, Pepe Poised for Explosive Gains as Bullish Momentum Returns

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2025-07-10 05:54:42

The meme coin circus is back in town—and this time, the clowns are wearing Lamborghinis.

Dogecoin, Shiba Inu, and Pepe are staging a comeback, riding the wave of renewed retail frenzy. Here’s why these joke-turned-juggernauts might just laugh their way to the bank.

Technical Tailwinds Fuel the Rally

On-chain metrics show whales accumulating DOGE at key support levels—because nothing says 'sound investment' like a cryptocurrency inspired by a 2013 meme.

Liquidity Floodgates Creak Open

SHIB’s trading volume spiked 40% overnight as bored traders rotated out of 'serious' assets. Because why park money in bonds when you can bet on a dog logo?

The Retail Reckoning

Pepe’s RSI just punched through resistance—proof that nothing supercharges gains like FOMO and a Telegram pump group. Just don’t mention that 99% of meme coins crash within 90 days.

As always in crypto: The bigger the joke, the harder they pump. Until they don’t.

Dogecoin’s reversal nears rounding bottom breakout

Dogecoin remains indecisive at press time on Thursday, forming a Doji candle following a 5.61% jump the previous day. The crucial resistance of $0.1811, acting as the neckline of a rounding bottom pattern, could have resulted in the short-term buffer in DOGE’s recovery.

Typically, the rounding bottom pattern foreshadows a bullish reversal after a prevailing downfall. A positive daily close above this level WOULD mark the rounding breakout, targeting the June 10 high of $0.1987.

The Relative Strength Index (RSI) on the daily chart reads 56 as it hovers slightly above the halfway line, indicating a bullish incline in trend momentum.

The Moving Average Convergence/Divergence (MACD) indicator displays rising green histogram bars, indicating rising trend momentum. Investors may consider the rising MACD and signal lines crossing above the zero line as a potential buy signal.

DOGE/USDT daily price chart.

A failure to surpass the $0.1811 level could result in a pullback to the weekly low of $0.1658.

Shiba Inu aims to extend gains as bullish momentum rises

Shiba Inu edges higher by nearly 1% at press time on Thursday, extending the 4.56% rise from Wednesday. The rebound rally in SHIB starting from the June 22 low of $0.00001004 exceeds the $0.00001200 round figure and reaches a new 30-day high.

As the trend reversal in Shiba Inu gains traction, bulls target the immediate resistance at $0.00001337, marked by the June 10 high.

The RSI reads 57, rising above its neutral zone and suggesting a growth in bullish momentum.

The MACD indicator shares a bullish bias as the MACD and its signal line inch closer to crossing above the zero line.

SHIB/USDT daily price chart.

On the contrary, a reversal in SHIB below the $0.00001200 round figure could extend the potential declining trend towards the weekly low of $0.00001145.

PEPE’s trend reversal gains traction

Pepe appreciated by nearly 0.50% at press time on Thursday following the 8.44% surge on Wednesday. The meme coin marks the breakout of a descending triangle pattern, as seen on the chart below, a possibility previously reported by FXStreet.

PEPE's breakout rally targets the $0.00001196 level marked by the May 17 low as the uptrend gains traction.

The technical indicators report increased trend momentum as the RSI reads 57 and rises towards the overbought boundary. Meanwhile, the MACD indicator displays a bullish trend in green histogram bars concurrent with the uptrend in the MACD and signal lines.