- Dogecoin nears $0.166 resistance as whales stockpile 800M tokens fueling ETF speculation a breakout above $0.17 may target $0.187.
- Shiba Inu sees 160B SHIB moved to large wallets with surging burns resistance at $0.00001250 could trigger rise to $0.00001380.
- PEPE climbs 20% weekly whales hold 506B coins crossing $0.00000780 resistance might push toward $0.00000960 despite technical risks.
Dogecoin (DOGE), Shiba Inu (SHIB), and PEPE are drawing attention amid shifting market conditions, with short-term gains contrasting against longer-term declines. Here’s a breakdown of their current trajectories and what might come next.
Dogecoin (DOGE): Testing Resistance Amid ETF Speculation
DOGE trades at $0.1564, up 1.86% in 24 hours and 10.03% over the week. Despite recent gains, it remains 50.41% below its January price. The token rebounded from support near $0.148 and now faces resistance between $0.166 and $0.169. A decisive close above this zone could push DOGE toward $0.185, though trading volume remains subdued, reflecting caution among buyers.
Whale activity has intensified, with 800 million DOGE accumulated recently, possibly linked to rumors of a potential ETF approval. Meanwhile, the launch of a Dogecoin ETP on the SIX Swiss Exchange, backed by the Dogecoin Foundation, adds a tangible product to the market. Futures data shows 72% of Binance traders hold long positions, suggesting optimism but also risk if prices reverse.
Short-Term Outlook: A breakout above $0.17 with higher volume could propel DOGE to $0.187 within five days.
Shiba Inu (SHIB): Whale Moves and Burns Fuel Recovery Hopes
SHIB rose 2.57% to $0.00001198, extending its weekly gain to 12.39%. However, it remains 43.35% lower year-to-date. The token is testing resistance at $0.00001220–$0.00001250. Clearing this barrier could open a path to $0.00001380, while a drop below $0.00001120 might see it revisit $0.00001010.
On-chain metrics reveal a 150% spike in large transactions, with 160 billion SHIB moved to major wallets in two days. The burn rate surged 2,063%, reducing supply—a factor that could support prices if demand rises.
Short-Term Outlook: Breaking above $0.00001250 may drive SHIB to $0.00001380 in four days.
PEPE: Whales Bet on Continued Momentum
PEPE trades at $0.0000072675, up 3.73% daily and 20.30% weekly. It faces resistance near $0.00000780, a level that has stalled progress before. A trade above this could target $0.00000950, while failure risks a fall toward $0.00000670.
Whales acquired 506 billion PEPE recently, aligning with a broader trend of accumulating meme coins. Despite a “death cross” technical pattern—often a bearish signal—momentum indicators hint at upward potential.
Short-Term Outlook: PEPE could reach $0.00000960 in five days if it closes above $0.00000780.
DOGE, SHIB, and PEPE reflect the volatility typical of meme-driven assets. While short-term setups suggest possible rallies, their reliance on social trends and speculative trading means risks remain elevated.
Traders should monitor volume and resistance levels closely, as breaks in either direction could dictate near-term moves. As always, price predictions hinge on market sentiment—a factor that can shift rapidly in the meme coin space.
