Shiba

Dogecoin

Shiba Inu

Memecoin

<p>The memecoin market has displayed increased price volatility with top projects such as Dogecoin (DOGE) and Shiba Inu (SHIB) facing mixed signals. While DOGE has gained 43% over the last month, its short-term outlook remains uncertain.</p> 
<p>On the other hand, Shiba Inu continues struggling in the weekly time frame, raising concerns of a potential downturn. With uncertain market sentiments and increased trading activity, both memecoins are now at critical levels that could define their next major price moves.</p> 
<p>Considering the present market sentiments, investors are curious about the short-term market sentiments of Dogecoin and Shiba Inu. Moreover, questions like “Which memecoin should I buy today?” are on a constant rise.&nbsp;</p> 
<h2 class="wp-block-heading" id="doge-memecoin-on-the-verge-of-a-major-breakdown">DOGE Memecoin on The Verge Of A Major Breakdown?</h2> 
<p>The Dogecoin price has jumped approximately 2% in 24 hours with a trading volume of $2.73 billion. Despite recording a drop of 3.45% in seven days, it has surged 43% over the last 30 days. Moreover, with a market cap of $33.78 billion, its dominance has increased to 1.0056%.</p> 
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  <img loading="lazy" decoding="async" width="784" height="484" src="https://www.cryptotimes.io/wp-content/uploads/2025/05/DOGE-USDT-price-Chart-784x484.png" alt="DOGE/USDT price Chart" class="wp-image-263454" title="Dogecoin or Shiba Inu: Which will Gain More From Bitcoin ATH? 8">
  <figcaption class="wp-element-caption">
   Source: <a href="https://www.tradingview.com/x/Yj5PE6N1/" target="_blank" rel="noreferrer noopener nofollow">TradingView (DOGE/USDT)</a>
  </figcaption>
 </figure>
</div> 
<p>The Relative Strength Index (RSI) records a neutral trend below the overbought range with its average trendline displaying a constant rise. On the other hand, the Cross EMA 50/200-day is on the path of experiencing a Golden Cross, suggesting a mixed price action.</p> 
<p>Maintaining its bullish action could push the Dogecoin price toward its upper target price of $0.286. However, if the bears outrun the bulls, this could result in the price of DOGE crypto plugging toward its low of $0.20 in the upcoming time.</p> 
<h2 class="wp-block-heading" id="shiba-inu-price-records-increased-bearish-action">Shiba Inu Price Records Increased Bearish Action!</h2> 
<p>Following in the footsteps of Dogecoin, the second largest memecoin, Shiba Inu price has added 1.45% in 24 hours. Furthermore, it has added approximately 18% over the past 30 days, resulting in it achieving a market capitalization of $8.596 billion.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="779" height="484" src="https://www.cryptotimes.io/wp-content/uploads/2025/05/SHIB-USDT-price-Chart-779x484.png" alt="SHIB/USDT price Chart" class="wp-image-263455" title="Dogecoin or Shiba Inu: Which will Gain More From Bitcoin ATH? 9">
  <figcaption class="wp-element-caption">
   Source: <a href="https://www.tradingview.com/x/QSdKiLD8/" target="_blank" rel="noreferrer noopener nofollow">TradingView (SHIB/USDT)</a>
  </figcaption>
 </figure>
</div> 
<p>The SMA indicator has recorded a bearish convergence and acts as a resistance to the SHIB memecoin price chart. Adding to this, the Moving Average Convergence Divergence (MACD) displays a constant increase in the red histogram with its averages showing negative crossover. This suggests an increase in the selling pressure for the meme coin in the market.</p> 
<p>The SHIB price could breach its immediate resistance level of $0.000015 and head toward its upper price target of $0.000020 if the bullish sentiment sustains. Conversely, a bearish action could pull the price of this meme coin toward its support zone of $0.0000120.</p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p>Also Read: <a href="https://www.cryptotimes.io/2025/05/22/worldcoin-raises-135m-via-token-sale-to-expand-in-us-wld-price-spikes-13/" target="_blank" rel="noreferrer noopener">Worldcoin Raises $135M via Token Sale to Expand in US; WLD Price Spikes 13%</a></p> 
</blockquote>

Dogecoin or Shiba Inu: Which will Gain More From Bitcoin ATH?

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The Crypto Times

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