cryptoneutral

Dogecoin and Shiba Inu: What's Next for These Meme Coins?

Thursday, October 30, 2025
Advertisement

Current Struggles

  • Dogecoin (DOGE)
  • Trading around $0.195
  • Struggling to hold symmetrical triangle pattern
  • Below 0.382 Fibonacci retracement ($0.1964)
  • Below 50-EMA ($0.1979)
  • Potential drop to 0.236 retracement ($0.1787)
  • RSI near 45, indicating slowing momentum
  • Repeated rejections near 100-EMA ($0.2023) and descending trendline

  • Shiba Inu (SHIB)
  • Trading around $0.0000103
  • Stuck in narrowing symmetrical triangle
  • Facing resistance below 50-EMA ($0.00001026)
  • Descending trendline from October highs
  • Weakening support at 0.382 Fib retracement ($0.00001022)
  • Potential drop to 0.236 level ($0.00000956)
  • Thin volume and red supertrend indicator

Market Implications

  • Meme coin market cap: $57 billion
  • Daily volumes rising by 14%, but market cap falling
  • Rotation happening, not new inflows
  • Liquidity stress for DOGE and SHIB
  • Potential ripple effect across the meme sector

Actions