😱🚀🚀We are examining 2 meme coins that will make a big impact in 2025 SHIB PEPE🐶🐸
Shiba Inu (#SHIB ) Price Analysis
Regardless of the current market fluctuations, the Shiba Inu price appears to have largely remained unaffected as the rally sustains within a descending parallel channel. The $SHIB price remains stagnant within a certain price range, within the channel, trying hard to prevent an excess bearish trend. Now that the selling pressure has been reduced, will the Shiba Inu price trigger a rebound and reach $0.00002?
The current trade set-up suggests the price may experience more loss in the coming days as the DMI is about to trigger a bearish crossover. Besides, the Bollinger bands are again contracting after experiencing some relaxation. Hence, the SHIB price is believed to maintain a horizontal consolidation until the volume regains some momentum. Until then, no major price action may be expected instead of minor swings below $0.000018.
The Pepe price has maintained significant strength since the start of the year and despite a rise in bearish activity, the token seems to have found a strong base. Hence, the bulls may remain slightly passive for a while, followed by a strong ascending trend.
The recent bearish action has caused the price to drop below the ascending trend line and is failing to reclaim the levels within the ascending triangle. Moreover, the MACD is turning bearish as the levels are about to undergo a bearish crossover, which may trigger a fresh bearish trend. Therefore, if the bulls fail to reclaim the levels above the trend line, then the bears may drag the levels back to $0.00001. Otherwise, a successful rise may place the $PEPE price at its apex, which may further initiate a fresh ascending trend.
