DOGE Headed for 40% Pump? SHIB on the Edge of a Cliff?

robot
Abstract generation in progress

I've been tracking these meme coins closely, and let me tell ya, the contrast couldn't be more stark right now. While DOGE looks primed for a serious move upwards, poor SHIB is dangling by a thread.

DOGE: The OG Meme Coin Ready to Pop

DOGE has been squeezing between $0.21 and $0.28 lately, and I'm seeing clear signs of a triangle pattern forming. This consolidation usually means one thing - energy building up for a big move. According to analyst Ali Martinez, we could be looking at a freaking 40% price explosion once it breaks out!

I've noticed whales have been quietly accumulating, which briefly pushed prices up, but volumes have been tapering off. This isn't necessarily bad - sometimes it's the calm before the storm.

Here's my take: if DOGE breaks above $0.28, we're in for a wild ride to the upside. But if it can't hold $0.21... well, the downside could get ugly fast. Trading these patterns can make you rich or rekt you overnight.

SHIB: Danger Zone Ahead

SHIB is in serious trouble. That $0.0000124 level is barely holding, and if the $0.0000123-$0.0000125 support zone gives way, we might see a catastrophic 50% drop. The momentum indicators I'm watching are weakening by the day, and volume is drying up - classic signs of impending doom.

Some permabulls are still delusional though. Some trader called "Anonymous" thinks SHIB could double from $0.000017 to $0.000032 by Q4. I'll have what he's smoking! With these weak fundamentals, that forecast seems like pure hopium.

The next few days are make-or-break for SHIB. Either it defends this critical support, or we're looking at a bloodbath. I've got my stop losses set, that's for sure.

The Real Deal

Let's face it - these meme coins are basically gambling chips with cute dog logos. The smart money is watching DOGE's $0.21-$0.28 range like hawks, while SHIB holders are praying that $0.0000123 holds.

I've been through enough cycles to know that when things look this dicey, big moves are coming. My gut says DOGE outperforms while SHIB dumps, but never underestimate the power of degenerate retail traders and their stimulus checks!

Keep your eyes peeled on these key levels and be ready to move fast - the crypto market waits for no one.

DOGE2.97%
SHIB1.43%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)