Meme coins continue to trade under pressure as broader market uncertainty limits buying activity in the sector. Dogecoin, Shiba Inu, and MemeCore have reached important technical zones that could determine their next move. Although bearish trends still dominate most short-term charts, momentum indicators point to easing selling pressure.
Dogecoin Price Forecast: DOGE Struggles Below Key Resistance
Dogecoin remains in a bearish structure after failing to sustain momentum above a key Fibonacci retracement level. The token is trading around $0.0692, staying below the 20, 50, 100, and 200 exponential moving averages. This alignment continues to favor sellers.
However, the Stochastic RSI has begun recovering from oversold levels. This shift hints at an improvement in short-term momentum, although buyers still require stronger confirmation. A move above $0.0706 could fuel a recovery towards $0.0714 before testing the 200 EMA around $0.0727.
On the other hand, support between $0.0685 and $0.0677 remains crucial. Losing this zone will likely intensify bearish momentum and prolong the current decline.
Shiba Inu Price Forecast: SHIB Maintains Important Long-Term Support
Shiba Inu has also entered a corrective phase after failing to sustain a rise above the $0.00000480 resistance zone. The token is currently trading below its short-term moving averages, indicating that sellers continue to influence price dynamics.
Nevertheless, the EMA level near $0.00000463 has become a critical support level. Additionally, the Stochastic RSI is in a deeply oversold zone, suggesting a possible weakening of the downward momentum. This condition often precedes stabilization, although it does not guarantee a reversal.
If buyers reclaim $0.00000480, attention could quickly shift to $0.00000505 and $0.00000520. Conversely, a break below $0.00000455 could expose $0.00000440 before the psychological level of $0.00000400 comes into focus.
MemeCore Price Forecast: MemeCore Attempts to Build a Recovery
MemeCore presents a stronger technical picture than many meme coins, despite recent volatility. The token is trading around $1.169 and continues to consolidate roughly in the $1.15–$1.19 range. The price is also hovering near the 20 and 50 EMAs, reflecting an improvement in short-term balance.
Furthermore, the Stochastic RSI has risen from oversold readings, indicating growing buying interest. However, the 100 EMA near $1.1755 remains an immediate obstacle. A successful breakthrough could pave the way to $1.19 and eventually $1.236.
Failure to hold the 50 EMA at $1.1614 would weaken the recovery outlook. In such a case, support at $1.1545 and $1.1044 could become the next targets where buyers would attempt to defend the trend.
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