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Cryptocurrency News Articles

Memecoins Are Back in Focus, But BlockDAG (BDAG) Is Stealing the Show

May 05, 2025 at 02:00 am

Memecoins are back in focus, but not all of them are moving with the same strength. Shiba Inu (SHIB) price chart shows the token struggling below resistance

Memecoins Are Back in Focus, But BlockDAG (BDAG) Is Stealing the Show

Memecoins are back in focus, but not all of them are moving with the same strength. The Shiba Inu (SHIB) price chart shows the token struggling below resistance at $0.00001350, with low volume and weak momentum limiting upside.

Shiba Inu price chart indicates weak buying momentum, with the RSI at 45 and MACD still below the zero line. However, a minor trendline breakout and a light retest point to short-term support.

Dogecoin (DOGE) bullish momentum looks more convincing, with price holding near $0.18 and building toward a possible breakout above $0.20. Analysts highlight accumulation between $0.15 and $0.16, supporting the case for continued upside.

The bullish momentum is backed by RSI divergence and positive sentiment tied to broader market trends. However, if price fails to hold $0.18, downside risk to the $0.14-$0.15 zone remains.

The bullish momentum now hinges on whether the token can clear resistance with volume to extend its current rebound.

Shiba Inu Price Chart Faces Resistance Near $0.00001350

Shiba Inu (SHIB) price chart shows the token struggling below key resistance, with bulls attempting to reclaim the $0.00001350 level. A minor trendline breakout and light retest suggest short-term support, but the overall trend remains cautious.

Shiba Inu price chart indicates weak buying momentum, with the RSI at 45 and MACD still below the zero line. However, a minor trendline breakout and a light retest point to short-term support.

Shiba Inu price chart also shows the 200-EMA at $0.00001250, which could serve as another crucial level for buyers to defend. A deeper pullback could open the door to more sellers, impacting the broader recovery potential.

Shiba Inu price chart is currently pivoting at a critical juncture. A strong push above the 200-EMA and $0.00001350 barrier could propel the token toward the next resistance at $0.00001485.

Conversely, failure to capitalize and sustain gains may bring renewed pressure to sell, testing the next lower support at $0.00001250. Volume will be crucial for confirming any breakout or breakdown.

Dogecoin Bullish Momentum Builds Toward $0.20 Test

Dogecoin (DOGE) bullish momentum continues as price trades near $0.1812, showing signs of strength above key EMAs and presenting potential for a breakout above $0.20 to pave the way for further gains to $0.22 and $0.25.

Analysts point to possible accumulation levels between $0.15 and $0.16, and the RSI shows divergence, suggesting the bullish momentum may continue.

Dogecoin price is testing an immediate resistance at $0.18, crucial for setting the stage for the next move. A breakout above $0.20 could invite more buying pressure, setting up potential targets at $0.22 and $0.25.

Those buying at the recent lows around $0.15 to $0.16 are already in profit, which might encourage them to hold and see how far the rally goes.

Dogecoin bullish momentum is also backed by the RSI divergence in the oversold territory, which started from the March lows. This divergence signals a potential reversal of the bearish trend.

The overall market trends also favor Dogecoin’s bullish momentum, with major cryptocurrencies like Bitcoin showing signs of strength.

However, if price fails to hold $0.18, it could open up the possibility of further weakness, testing the supports at $0.15 or even $0.14.

But if the bulls can capitalize on the current interest and push through the $0.20 resistance with good volume, it could set the stage for a more sustained recovery in the next leg of the rally.

Count Down to BlockDAG’s CertiK Audit Completion Sparks Massive Buying Frenzy!

BlockDAG’s CertiK audit is now in its final stage, and the signal is becoming clear. This is one of the last major checkpoints before the project prepares for an official launch.

Having completed the Halborn audit earlier, BlockDAG is now set to gain complete technical validation with the completion of the CertiK audit.

For many crypto buyers, this is the green light they’ve been waiting for, and the shift in momentum is becoming more evident. As confidence rises, more buyers are joining in before the presale closes.

Batch 28 of the BlockDAG presale is now live, and while its original price is $0.0

Disclaimer:info@kdj.com

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