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 $0.0000099 resistance—where the price has previously been rejected—could occur. On the other hand,
The wider meme coin sector has reflected SHIB’s recent difficulties, with
Although the current sentiment is bearish, some experts believe SHIB’s low valuation and active community could eventually spark a recovery. The token’s on-chain metrics remain strong, with large holder activity and social media buzz suggesting renewed interest. Still, any significant rebound would likely need a major catalyst, such as an overall market upswing or positive developments in SHIB’s utility. For now,
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana Update: Market Downturn Fuels Altcoin Aspirations While Buybacks Hint at Crypto Revival
- Crypto markets face selling pressure amid macroeconomic uncertainty, with Solana (SOL) slipping below key levels despite ETF inflows. - Emerging altcoins like Apeing ($APEING) leverage whitelist programs to attract early adopters, promising high-conviction growth potential. - Institutional buybacks ($50M by Upexi , $10M by Antalpha) signal confidence in long-term crypto value despite short-term volatility. - Grayscale warns Q4 risks persist despite staking ETF optimism , as AI-driven trading experiments
South Korea's 'First-In, First-Out' Approach to Crypto Intensifies AML Enforcement
- South Korea's FIU intensifies crypto AML enforcement, sanctioning exchanges like Upbit, Korbit, and Bithumb for compliance failures. - A "first-in, first-out" penalty model targets inspected exchanges sequentially, with Dunamu fined $24.35M and operational restrictions in November 2025. - Fines could reach tens of billions of won per platform, aiming to standardize global AML standards while delaying a crypto tax regime until 2027. - The crackdown faces mixed reactions, balancing stricter oversight with
Bitcoin Updates Today: As Bitcoin Falters, AI Partnerships Highlight Changing Market Focus
- Bitcoin's 25% monthly drop tests $80,553 support as 11 U.S. ETFs report $3.79B outflows amid heightened gamma-driven selling and thinning liquidity. - Binance's Richard Teng frames volatility as "healthy consolidation," noting crypto's 100%+ 2024 gains despite macro risks and uncertain Fed policy. - Market makers face amplified swings below $85,000 due to short-gamma positions, while Deutsche Bank links selloff to regulatory stagnation and profit-taking. - Bitcoin Munari's $0.10 token presale and C3.ai's
Trending news
MoreBitget Daily Digest (Nov 25) | Grayscale XRP ETF and Franklin XRP ETF go live; Public companies bought a net $13.4M BTC last week; U.S. September PCE rescheduled to December 5, and Q3 GDP advance report canceled
Solana Update: Market Downturn Fuels Altcoin Aspirations While Buybacks Hint at Crypto Revival
Crypto prices
More
