Price Analysis

Meme Coin Price Prediction: Shiba Inu, Pepe Coin, Dogecoin, TRUMP

This meme coin price prediction provides the top forecast of the most popular coins like Dogecoin, Pepe, Trump, and Shiba Inu.
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Meme Coin Price Prediction: Shiba Inu, Pepe Coin, Dogecoin, TRUMP

Highlights

  • This meme coin price prediction looks at some of the most popular tokens.
  • Dogecoin price rose as investors waited for the upcoming ETF approval.
  • Pepe token may surge soon after forming a falling wedge chart pattern.

Meme coin prices have rebounded in the past seven days as crypto investors brace for the upcoming Federal Reserve interest rate cut and as Bitcoin remains above $113,000. This meme coin price prediction provides forecasts for top tokens like Shiba Inu (SHIB), Pepe Coin (PEPE), Dogecoin (DOGE), and Trump Coin (TRUMP).

Shiba Inu Meme Coin Price Prediction

The Shiba Inu price rebounded today, continuing the uptrend that started on Sunday. On the daily timeframe, the token has moved above the upper side of the symmetrical triangle pattern.

SHIB price has also formed a double-bottom pattern at $0.0000120. It has jumped above the 50-day Weighted Moving Average (WMA). Therefore, the token will likely continue rising as buyers target the key resistance level at $0.00001590, its highest point in May this year. 

The long-term SHIB price forecast will be cancelled when it drops below the support at $0.00001150. 

Shiba Inu Price Chart

Dogecoin Price Rises After ETF Launch

Dogecoin price continued rising ahead of the first DOGE ETF launch. It has jumped in the last three consecutive days, reaching its highest level since August 14. 

DOGE price rose above the 50-day moving average and the ascending trendline that connects the lowest levels since August last year. It is also nearing the important resistance level at $0.2590, its highest level on May 11.

Dogecoin price may continue rising in the coming days as investors wait for the ETF approval. It will then pull back after that because these funds will likely have lower demand from American investors than Bitcoin and Ethereum. 

Dogecoin price chart

Pepe Coin Price Rises Above Falling Wedge

The other meme coin price prediction is here is Pepe, the third-biggest player in the industry. Pepe Coin price has rebounded this week, rising from a low of $0.000009132 on Sep. 1 to $0.0000176. 

It has jumped above the upper line of the falling wedge pattern, which is made up of two downsloping and converging trendlines. 

The distance between the widest part of the wedge is 31%. Measuring the same distance from the breakout level will point to more gains, potentially to the key resistance level at $0.00001335.

Pepe Coin Price Chart

Trump Coin Price Technical Analysis

Meanwhile, the Trump Coin price has wavered in the past few day as its demand waned. The coin was trading at $8.65, a few points above the key support level at $8.25. Most notably, it has formed a double-bottom pattern whose neckline is at $11.95. 

Trump Coin Price Chart

Therefore, the most likely Trump coin price prediction is bullish, with the target being at $11.95, which is up by 37% from the current level. 

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crispus

Crispus is a seasoned Financial Analyst at CoinGape with over 12 years of experience. He focuses on Bitcoin and other altcoins, covering the intersection of news and analysis. His insights have been featured on renowned platforms such as BanklessTimes, CoinJournal, HypeIndex, SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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