Memecoin Mania: DOGE, SHIB, PEPE Will Rise 15% Next Week?

The memecoin market has successfully regained its growth momentum, increasing by about 10% in the last 24 hours with a trading volume of 20.44 billion dollars, up +116.84%. By assessing the current market sentiment, investors are curious about the future prospects of leading memecoins. Moreover, questions like "Is this the right time to invest in memecoin?" have flooded the internet. Are you one of the many people searching for similar questions? Scroll down to learn more about the memecoin Dogecoin, Shiba Inu, Pepe. DOGE Memecoin Reaches Highest Level in Months The price of Dogecoin has increased by about 8% in the last 24 hours with a trading volume of $2.70 billion, changing +65.84%. Furthermore, it has surged 13.84% in the past week and 27.99% in the last 30 days. With a market capitalization of $30.59 billion, it has a market dominance of 0.9399%.

The 50/200 day EMA diagonal is on track to undergo a positive crossover in the 1D time frame. Furthermore, the MACD indicator records a similar action with its moving averages showing a continuous increase. This highlights the bullish outlook for the largest memecoin in the market. If the market maintains the price of Dogecoin above the support level of $0.20, this could push the price of this memecoin up to the resistance level of $0.243. Conversely, a bearish action could cause it to drop to a low of $0.164. The Price of Shiba Inu is About to Rise Strongly Following this, the price of Shiba Inu has increased by 7.63% in 24 hours with a trading volume of 657.27 million dollars. Additionally, it has risen by 12.94% over seven days and 26.34% over 30 days. With a trading value of 0.00001505 dollars and a market capitalization of 8.88 billion dollars, it has secured the 15th position.

The Relative Strength Index (RSI) is oscillating near the overbought range and is on the verge of a breakout. Furthermore, the SMA indicator has recorded a bullish crossover in the price chart of the memecoin SHIB. This indicates a positive outlook for the second-largest meme-based cryptocurrency.

Breaking through the resistance level could push the price of SHIB up to a high of $0.000020. However, if the bears regain dominance, the price of Shiba Inu could drop to $0.00001025. Pepe Price increased by over 43% in seven days! The price of Pepe coin has outperformed leading coins, increasing by 15.65% in 24 hours. Furthermore, it has risen by 42.76% this week and 77.87% in the past month. With a market capitalization of $5.21 billion and a trading value of $0.00001231, it has a market dominance of 0.1591%.

The moving average convergence divergence (MACD) is witnessing a strong increase in the green chart with the moving averages recording an uptrend. On the other hand, the EMA 50/200 day crossover shows positive convergence. Considering market sentiment, the memecoin Pepe may record a continuous upward action next week. A continuous price increase could push the price of the Pepe coin past the resistance level of $0.0000140 and towards $0.0000170. Conversely, a strong bearish reversal could cause the price to drop sharply to a lower support level of $0.00000875.