Shiba

Pepe

Dogecoin

Shiba Inu

Time

Dog-themed coins like Shiba Inu Coin (SHIB), Dogecoin (DOGE), and frog-themed Pepe have tripled their value this week as&nbsp;<a href="https://coingape.com/wall-street-big-bull-predicts-bitcoin-price-82k-before-further-rally/" rel="noopener noreferrer nofollow">Bitcoin</a>&nbsp;continued with its winning streak since February.
<a href="https://coingape.com/markets/shiba-inu-price-rally-whale-buys-signal-potential/" rel="noopener noreferrer nofollow">Shiba Inu</a>, for instance, exploded in triple digits of 290% in the last week to trade at $0.00004084 on Tuesday. Its older sibling, Dogecoin was not left behind, achieving a 90% increase to $0.18 in the same period.
Similarly, Pepe Coin surged in value by 256% in seven days, reaching a new all-time high of $0.000008518 on Monday. These impressive runs among dog-themed coins including the likes of Bonk, Floki, and&nbsp;<a href="https://coingape.com/dogwifhat-wif-price-rallies-as-binance-announces-listing/" rel="noopener noreferrer nofollow">Dogwifhat</a>&nbsp;are bringing the meme coin hype back, with investors moving swiftly to capitalize on future price increases.
<h2 class="p1" id="is-shiba-inu-coin-poised-for-new-ath-in-march">Is Shiba Inu Coin Poised For New ATH In March?</h2>
Shiba Inu is among the biggest gainers in the market after ascending to $0.00004593 from $0.000084 — the lowest point in 2024. It is trading at $0.00004122 during US business hours on Tuesday, maintaining a 55% surge in 2 hours.
With technical indicators like the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) backing the uptrend, Shiba Inu will likely uphold the uptrend this week and possibly as March progresses.
<figure id="attachment_184220" aria-describedby="caption-attachment-184220" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="size-full wp-image-184220" src="https://coingape.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-05_15-46-32.png" alt="Shiba Inu Coin price chart | Tradingview" width="2694" height="1444" srcset="https://coingape.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-05_15-46-32.png 2694w, https://coingape.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-05_15-46-32-300x161.png 300w, https://coingape.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-05_15-46-32-1224x656.png 1224w, https://coingape.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-05_15-46-32-768x412.png 768w, https://coingape.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-05_15-46-32-1536x823.png 1536w, https://coingape.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-05_15-46-32-2048x1098.png 2048w, https://coingape.com/wp-content/uploads/2024/03/SHIBUSD_2024-03-05_15-46-32-150x80.png 150w" sizes="(max-width: 2694px) 100vw, 2694px">
 <figcaption id="caption-attachment-184220" class="wp-caption-text">
 Shiba Inu Coin price chart | Tradingview
 </figcaption>
</figure>
Traders would be looking out for a daily close above $0.000042 to reinforce the bullish outlook and bet on the price climbing to $0.00006 in the short term. A weekly close above the established support at $0.00004 will also serve as confirmation for the medium-term to long-term bullish outlook, paving the way for new all-time highs.
<h2 class="p1" id="dogecoin-price-taps-0-2-barrier-what-s-next">Dogecoin Price Taps $0.2 Barrier, What’s Next</h2>
The largest dog-themed coin, Dogecoin has like Shiba Inu rewarded holders with impressive gains from its lowest 2024 price point of $0.075 to highs of $0.2.
This bullish move occurred in tandem with&nbsp;<a href="https://coingape.com/bitcoin-btc-price-nears-all-time-high-at-68600-further-rally-expected/" rel="noopener noreferrer nofollow">Bitcoin price</a>&nbsp;explosive rally that almost reached all-time highs late on Monday.
Despite the massive blast to $0.2, DOGE had retreated to trade at $0.1856 possibly to allow for re-accumulation and power the next breakout.
The position of the price above all three key moving averages — the 20-week Exponential Moving Average (EMA), the 50-week EMA, and the 200-week EMA implies that buyers have the upper hand.
<figure id="attachment_184218" aria-describedby="caption-attachment-184218" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="size-full wp-image-184218" src="https://coingape.com/wp-content/uploads/2024/03/DOGEUSD_2024-03-05_16-01-12.png" alt="Dogecoin price chart | Tradingview" width="2694" height="1444" srcset="https://coingape.com/wp-content/uploads/2024/03/DOGEUSD_2024-03-05_16-01-12.png 2694w, https://coingape.com/wp-content/uploads/2024/03/DOGEUSD_2024-03-05_16-01-12-300x161.png 300w, https://coingape.com/wp-content/uploads/2024/03/DOGEUSD_2024-03-05_16-01-12-1224x656.png 1224w, https://coingape.com/wp-content/uploads/2024/03/DOGEUSD_2024-03-05_16-01-12-768x412.png 768w, https://coingape.com/wp-content/uploads/2024/03/DOGEUSD_2024-03-05_16-01-12-1536x823.png 1536w, https://coingape.com/wp-content/uploads/2024/03/DOGEUSD_2024-03-05_16-01-12-2048x1098.png 2048w, https://coingape.com/wp-content/uploads/2024/03/DOGEUSD_2024-03-05_16-01-12-150x80.png 150w" sizes="(max-width: 2694px) 100vw, 2694px">
 <figcaption id="caption-attachment-184218" class="wp-caption-text">
 Dogecoin price chart | Tradingview
 </figcaption>
</figure>
An incoming golden cross which will manifest with the 50-week EMA (in red) flipping above the 200-week EMA (in purple), adds credence to the bullish theory.
As Dogecoin price rebalances after a commendable rally, breaking above $0.2 resistance level could trigger FOMO among investors who see DOGE achieving a new all-time high milestone in the coming weeks.
In case of a correction from the current price, the green band on the chart will provide support and prevent losses from extending to the area at $0.1 and below.
<h2 class="p1" id="pepe-coin-what-s-next-after-new-ath">Pepe Coin: What’s Next After New ATH</h2>
Pepe Coin is among the meme coins that have hit a new record high early in the bull market. The token exploded past its previous historical high of $0.000004467 on Monday and is currently in price discovery mode, trading at $0.000007759.
<figure id="attachment_184219" aria-describedby="caption-attachment-184219" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="size-full wp-image-184219" src="https://coingape.com/wp-content/uploads/2024/03/PEPEUSD_2024-03-05_16-24-21.png" alt="Pepe Coin price chart | Tradingview" width="2694" height="1444" srcset="https://coingape.com/wp-content/uploads/2024/03/PEPEUSD_2024-03-05_16-24-21.png 2694w, https://coingape.com/wp-content/uploads/2024/03/PEPEUSD_2024-03-05_16-24-21-300x161.png 300w, https://coingape.com/wp-content/uploads/2024/03/PEPEUSD_2024-03-05_16-24-21-1224x656.png 1224w, https://coingape.com/wp-content/uploads/2024/03/PEPEUSD_2024-03-05_16-24-21-768x412.png 768w, https://coingape.com/wp-content/uploads/2024/03/PEPEUSD_2024-03-05_16-24-21-1536x823.png 1536w, https://coingape.com/wp-content/uploads/2024/03/PEPEUSD_2024-03-05_16-24-21-2048x1098.png 2048w, https://coingape.com/wp-content/uploads/2024/03/PEPEUSD_2024-03-05_16-24-21-150x80.png 150w" sizes="(max-width: 2694px) 100vw, 2694px">
 <figcaption id="caption-attachment-184219" class="wp-caption-text">
 Pepe Coin price chart | Tradingview
 </figcaption>
</figure>
The MACD in the weekly range is strongly bullish and with no signs of a possible pullback in the short term. A break above the current all-time high of $0.0000087 would bring forth another FOMO rally with&nbsp;<a href="https://coingape.com/markets/is-pepe-coin-overbought-after-a-600-rally-or-just-warming-up/" rel="noopener noreferrer nofollow">Pepe</a>&nbsp;likely to ‘swallow’ another zero and start trading above $0.00001.
The post <a href="https://coingape.com/markets/shiba-inu-coin-dogecoin-steer-dog-themed-coins-rallies-a-good-time-to-buy-or-sell/" rel="noopener noreferrer nofollow">Shiba Inu Coin, Dogecoin Steer Dog-Themed Coins Rallies: A Good Time To Buy Or Sell?</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

Shiba Inu Coin, Dogecoin Steer Dog-Themed Coins Rallies: A Good Time To Buy Or Sell?

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