Dogecoin Latest Updates: Meme Coin Sector Falters Amid SHIB's Support Level Examination Raising Wider Worries
- Shiba Inu (SHIB) fell 13% to $0.0000081 on Nov 21, 2025, testing critical support levels amid bearish market pressure. - Technical indicators show RSI at 34 and MACD bearish crossover, signaling sustained selling pressure but potential rebound if $0.0000081 holds. - Broader meme coin market weakens as Dogecoin (DOGE) and Pepe (PEPE) also face sharp corrections, reflecting risk-off investor sentiment. - Analysts highlight SHIB's low price and community engagement as potential recovery catalysts, though fu
Shiba Inu (SHIB) has reached a pivotal moment as the
Both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) for the coin are reflecting bearish trends, with the RSI at 34 and a negative crossover in the MACD. These metrics highlight ongoing selling dominance, but market participants are monitoring for a turnaround as SHIB nears its immediate support at $0.0000081. If this level is successfully defended, a move back toward the $0.0000099 resistance—where the price has previously been rejected—could occur. On the other hand,
The wider meme coin sector has reflected SHIB’s recent difficulties, with
Although the current sentiment is bearish, some experts believe SHIB’s low valuation and active community could eventually spark a recovery. The token’s on-chain metrics remain strong, with large holder activity and social media buzz suggesting renewed interest. Still, any significant rebound would likely need a major catalyst, such as an overall market upswing or positive developments in SHIB’s utility. For now,
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The ICP Caffeine AI Boom: Exploring How the Integration of AI and Blockchain is Transforming Early-Stage Investment Environments
- ICP Caffeine AI's token surged 45% to $5.20 in Nov 2025, driven by its decentralized AI platform enabling app creation from text/image/code prompts. - The platform reduces AI inference costs 20-40% via "chain-of-chains" architecture and reverse-gas model, challenging centralized cloud providers with scalable, censorship-resistant compute. - Despite $237B TVL growth in Q3 2025, 22.4% dApp activity decline highlights adoption challenges, while market fragmentation and sector volatility test its long-term v
Internet Computer's Latest Rally: Is This the Beginning of a New Era for On-Chain Governance?
- Internet Computer (ICP) 2025 upgrades like Fission/Stellarator boosted computing power by 50%, enabling enterprise-scale blockchain solutions rivaling AWS/Azure. - Active Liquid Democracy governance model transformed token staking into a revenue-generating mechanism, attracting 1.2M+ wallets and institutional capital. - Strategic partnerships with Microsoft , Google Cloud, and Aduna-Comviva expanded ICP's enterprise utility, achieving $237B TVL and 7,000+ global business clients. - Developer tools like C
Exodus Purchases W3C to Connect Cryptocurrency Assets with Daily Expenditures
- Exodus Movement Inc. agreed to acquire W3C Corp for $175M to integrate card/payment processing into its crypto wallet platform, enabling stablecoin transactions via Visa , Mastercard , and Discover. - The deal aims to create an end-to-end on-chain payment ecosystem by reducing third-party reliance and generating recurring revenue from interchange fees, supported by Exodus's Bitcoin-backed financing. - Projected to close in 2026 after U.S./U.K./EU regulatory approvals, the acquisition follows Exodus's sta
Fed Split Over December Rate Reduction: Employment Concerns Versus Inflation Targets
- Fed President Mary Daly advocates for a December rate cut to preempt sudden U.S. labor market deterioration, prioritizing job market risks over inflation. - Officials like Susan Collins and Christopher Waller show divided stances, with some favoring rate cuts as insurance against weakness while others urge caution to avoid limiting future flexibility. - The debate reflects broader FOMC tensions between stabilizing employment and curbing inflation, amid softer tariff-driven costs and a fragile "low-hiring
Trending news
MoreCrypto prices
More
