Shiba

Pepe

<ul>
 <li>Dogecoin, Shiba Inu, and Pepe lead the meme coin rally with recent breakouts.&nbsp;&nbsp;</li>  
 <li>Technical indicators suggest potential bullish trends, but caution is advised for investors.&nbsp;&nbsp;</li>  
 <li>Watch key resistance levels to make informed trading decisions amid market volatility.&nbsp;&nbsp;</li> 
</ul>  
The <a href="https://cryptonewsland.com/dogecoin-leads-meme-coin-market-with-unmatched-social-media-activity/" target="_blank" rel="noopener noreferrer nofollow">meme coin market</a> is on fire as Dogecoin, Shiba Inu, and Pepe lead the altcoin rally. The 3 coins broke through key resistance levels.&nbsp;  
If you want to catch the meme coin wave, keep your eye on these three frontrunners. Let's analyze technical outlooks of these 3 coins to help you make informed decisions.  
<h2 class="wp-block-heading" id="h-dogecoin-doge">Dogecoin (DOGE)</h2>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcX2RpN10Id5_Uw3iAR8kkKHITFg_Q0te-QfSJ0gbB61QAMdwX5ytb7wWq1SEwQqK2fkWyLRS1JZNYfl44lV5w8XgvmdwYBQH8xt4lFz36KH6G8zl4davMALVzFbjGHVUVO7xLYRf826H7wv4A1hWqllqI8?key=QRJtJ5hmx1JodTQkg-Vx_w" alt="">
</figure>  
Source: Trading View&nbsp;  
<a href="https://dogecoin.com/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin (DOGE)</a> broke out of a falling wedge pattern, currently trading around $0.123. If this breakout holds, DOGE could rally another 15% to retest the $0.141 resistance level.&nbsp;  
The Moving Average Convergence Divergence (MACD) indicator backs up this rise. Rising green histogram bars above zero indicate that momentum is strong.&nbsp;  
However, the Relative Strength Index (RSI) is close to the overbought level of 70, which could signal a pullback. If DOGE drops below $0.115, the bullish outlook may fade. In that case, DOGE might find support around $0.078.  
<h2 class="wp-block-heading" id="h-shiba-inu-shib">Shiba Inu (SHIB)</h2>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfQfTCOn0odfY3ihp0KAhajpRnZGN4zbU9FpXEZSVtHNb4ms6cozM2K71C9mENKMj9X5kFP9enhmEQS56GL-1wtIFIX5YHUGSG2nFUOBvbz3odXIeF8zBXO_ilgosGGEHU8qPvzOdPaGacUx-JE7waKo5Q?key=QRJtJ5hmx1JodTQkg-Vx_w" alt="">
</figure>  
Source: Trading View&nbsp;  
<a href="https://cryptonewsland.com/shib-breaks-consolidation-phase-eyes-resistance-at-0-00002004/" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a> has been on a tear. After breaking above a symmetrical triangle pattern, the price surged 29%. Currently, it’s holding steady at around $0.000019.&nbsp;  
If the price stays above $0.000016, SHIB could retest $0.000020 and possibly reach $0.000023. The MACD also supports this bullish trend. But be cautious—the RSI is above 80, indicating that a price pullback could happen soon.&nbsp;  
If SHIB falls below $0.000014, the bullish momentum could weaken. This could lead to a drop down to retest the $0.000012 level.  
<h2 class="wp-block-heading" id="h-pepe-pepe">Pepe (PEPE)</h2>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdoMviWPrgvZuuqezV7bdflaWQleMb1aE2xLbgdqxOyTerRGtrmMpOay5WNuBFQcsM8qgbme6TOcHVThrFwCYXmhcR0eFi28IBRpDCAA3qVbDHdiOm-RT-w1vRqCDK4Ub87UsDJeLXKeGvM7eNg7z8wAPAD?key=QRJtJ5hmx1JodTQkg-Vx_w" alt="">
</figure>  
Source: Trading View&nbsp;  
<a href="https://coinmarketcap.com/currencies/pepe/" target="_blank" rel="noopener noreferrer nofollow">Pepe (PEPE)</a> is trading up 12% at $0.0000106 after breaking through key Fibonacci levels. If the price holds above $0.0000104, PEPE could rally by 23% to retest its July high of $0.0000131.&nbsp;  
The MACD and RSI signal strong bullish momentum. However, with the RSI over 70, a price correction could be imminent. PEPE might retest the September lows at around $0.0000069 if the price drops below $0.0000078.  
Dogecoin, Shiba Inu, and Pepe are leading the meme coin rally with recent breakouts. However, volatility could lead to significant price corrections so investors should tread cautiously. 
The post <a href="https://cryptonewsland.com/3-coins-leading-the-meme-coin-rally/" rel="noopener noreferrer nofollow">These 3 Coins Are Leading the Meme Coin Rally: DOGE, SHIB, PEPE</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.

These 3 Coins Are Leading the Meme Coin Rally: DOGE, SHIB, PEPE

Table of Contents

Crypto News Land

Other articles published on Sep 28, 2024

Bitcoin Tipped To Reclaim $70K In October, Sparking 1000% Rallies For Cardano (ADA), Lunex Networ...

Shiba Inu, PEPE, BONK Price Rocketing: Why and How?

BNB Battles Between $585 and $625 Amid Heavy Liquidations

Bitcoin and Ethereum ETFs Pull in Billions: A Week of Record Inflows

Cutoshi’s rise from Satoshi’s teachings: SOL investors secure their CUTO bags

TokenPicks: The All-in-One Crypto Signal and Education App for All Traders

Join our free newsletter for daily crypto updates!