Meme Coin Price Predictions: PEPE and Shiba Inu (SHIB) Show Promising Uptrend Potential

Pepe Coin Price Analysis

Pepe Coin is currently in an uptrend after a bullish breakout from a channel pattern. The price reached resistance at $0.000017 but was rejected, creating potential entry points for traders.

Pepe Price Targets

According to altFINS analysis, traders can consider the following scenarios:

• A break above $0.000017, signaling a continuation of the uptrend.
• A pullback towards $0.000013, providing a potential swing trade opportunity with a 30% upside to $0.000017.

If Pepe Coin surpasses its all-time high of $0.0000173, Fibonacci extensions suggest possible resistance levels at:

• $0.0000184 (61.80%)
• $0.0000198 (78.60%)
• $0.0000215 (100%)
• $0.0000266 (161.80%)

Trend and Momentum Analysis

Pepe Coin's short-term trend is up, while both medium-term and long-term trends are strongly up. The price is not overbought or oversold, as indicated by RSI-14 levels (RSI > 30 and RSI < 70).

Support and Resistance

• Support: $0.000012, $0.0000092
• Resistance: $0.000015, $0.0000164

Shiba Inu Price Analysis

Shiba Inu also remains in an uptrend following a bullish breakout from a falling wedge pattern. The price has retested the breakout and may potentially reach $0.000035.

However, it is approaching a support level that could lead to a pause or reversal in its decline.

Shiba Inu Price Targets

• Support: $0.0000225, $0.000015
• Resistance: $0.000035, $0.00004

Trend and Momentum Analysis

Shiba Inu's short-term trend is down, while medium-term and long-term trends are up. Similar to Pepe Coin, Shiba Inu's price is not overbought or oversold, according to RSI-14 levels.

Conclusion

Both Pepe Coin and Shiba Inu display promising uptrend potential based on recent price action and technical analysis. Traders should monitor these meme coins closely for entry opportunities, considering support, resistance, and overall trend and momentum.