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Home CRYPTO

DOGE, PEPE, SHIB Analysis: Memecoins Wobble as the Market Stalls Out, But is Now the TIme to Buy?

Gary Ponce by Gary Ponce
June 2, 2025
in CRYPTO, DOGECOIN, FINANCE, MEMECOINS, OPINION
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  • Dogecoin slipped below key support at $0.21 and may drop to $0.15 if it fails to hold above $0.18, with RSI and MACD both showing bearish signals.
  • Shiba Inu is hovering around $0.0000127 after falling below its 50-day EMA, and could face a further 10% drop unless it reclaims the $0.0000139 level.
  • Pepe saw a 13% weekly loss but is clinging to its 50-day EMA; a break below could drag it to $0.0000103, while holding support might lead to a bounce toward $0.0000121.

The meme coin crew—Dogecoin, Shiba Inu, and Pepe—isn’t having the best time lately. The broader crypto market’s been dragging its feet, and these playful tokens are showing the strain. DOGE and SHIB are slipping below key markers, while PEPE’s barely hanging on to a crucial support level. If things don’t turn around soon, we could be looking at more red candles.

Dogecoin’s Holding Its Breath Below $0.18

Dogecoin took a pretty noticeable hit last week. It slipped under its 200-day EMA ($0.21) on Thursday, then fell another 10% the very next day. And yeah—it’s still drifting lower, flirting with that $0.18 weekly support zone. If DOGE dips and closes below that, we’re probably staring at a slide toward $0.15.

The RSI’s looking weak at 39, nowhere near that 50 neutral spot. Same goes for the MACD—it just flashed a bearish crossover, hinting more downside could be in play. If by some chance buyers step in, DOGE might crawl back toward $0.21. But, well… that’s a big if right now.

Dogeusdt Tradingview

Shiba Inu’s Slipping and Bears Are Circling

Shiba Inu’s in a similar boat. It dropped under its 50-day EMA ($0.0000139) on Thursday, then gave up another 8% on Friday. As of now, SHIB’s hovering around $0.0000127. If it can’t push back above that 50-day line, we might be looking at another 10% drop—possibly dragging us back to April’s lows near $0.0000114.

The RSI’s chilling at 38 and, yeah, the MACD’s not giving off any good vibes either. A bearish crossover and deepening red bars suggest the correction isn’t quite done. That said, if bulls show up, SHIB could make a shot at reclaiming that $0.0000139 level—but that climb’s gonna take some serious effort.

Shibusdt Tradingview

Pepe’s Hanging On… Barely

PEPE’s taken a rough tumble too—dropping over 13% last week. That said, it managed to find a little footing over the weekend near its 50-day EMA around $0.0000113. Right now, it’s barely above water at $0.0000115.

Pepeusdt Tradingview

If PEPE closes below that 50-day line, it’s likely heading for $0.0000103 next. The RSI’s not looking too hot at 44, and yep—the MACD’s waving red flags too, with more red bars stacking up. But if the 50-day EMA holds firm? Then maybe, just maybe, it could retest resistance near $0.0000121.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $DOGE$pepe$SHIBDogecoinMemecoinPEPEShiba Inu
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Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, AVAX, and select meme tokens, combining personal trading knowledge with professional editorial standards.

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