Meme Coin Price Forecast: Dogecoin (DOGE), Shiba Inu (SHIB), MemeCore (M)
Meme coins continue trading under pressure as broader market uncertainty limits buying activity in the sector. Dogecoin (DOGE), Shiba Inu (SHIB), and MemeCore (M) have reached key technical levels that could determine their next move. While bearish trends still dominate most short-term charts, momentum indicators point to decreasing selling pressure.
Dogecoin is struggling below key resistance, trading around $0.0692 and remaining below all major moving averages. However, the Stochastic RSI is recovering from oversold levels, hinting at potential short-term momentum improvement. A move above $0.0706 could lead to a recovery towards $0.0727, while losing support at $0.0685-$0.0677 may extend the decline.
Shiba Inu is in a corrective phase below $0.00000480 but holds crucial support near its 50 EMA at $0.00000463. Its Stochastic RSI is deeply oversold, suggesting downward momentum may be weakening. Reclaiming $0.00000480 could target $0.00000505, whereas a break below $0.00000455 may expose the $0.00000400 psychological level.
MemeCore shows a relatively stronger technical picture, consolidating in the $1.15-$1.19 range near its 20 and 50 EMAs. With its Stochastic RSI rising from oversold territory, a break above the 100 EMA resistance at $1.1755 could pave the way toward $1.236. Failure to hold the 50 EMA support at $1.1614 would weaken the recovery outlook, potentially testing lower supports.
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