The memecoin price has, as of Wednesday, faced another setback, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) dropping 3%. This follows losses from last week, continuing the negative trend.
The broader cryptocurrency market experienced a 2.05% decline over the past 24 hours. Bitcoin, after briefly reaching above $95k last week, has now fallen below $90k. The downturn is attributed to the ongoing impact of U.S. tariffs related to the Greenland dispute.
DOGE price Sees Further Decline, Analysts Predict Potential Breakout
Dogecoin price continues to struggle, falling by 1.47% to $0.124 over the past 24 hours, extending its correction phase. The DOGE price crashed by 16% over the last week.
Analysts remark that there is a possible breakout after a bullish divergence signal, yet a new dip below the level of $0.12 may trigger new lows of around $0.11.
Nevertheless, with the possible reclaiming of the bulls, Dogecoin might experience a revival above the $0.15 price point. Traders are also monitoring the market closely to see a possible reversal.
Shiba Burn Rate Soars by 275.45%, Boosting Price Outlook
Shiba Inu price is currently trading at $0.000007905, with a slight increase of 0.54% in the last 24 hours. The recent crypto market crash, which sparked the decline in the cryptocurrency market, has affected Shiba Inu.
Nonetheless, the technical analysis indicates a huge falling wedge formation, which indicates a potential high rebound in the near future.
Analysts predict that the future Shiba Inu price outlook will breach the critical resistance of $0.000010. Moreover, the burn rate has risen considerably by 275.45% in the past 24 hours, and 3,242,097 SHIB tokens have been burned, which is a positive indicator.
Pepe Coin Price Prediction: Key Levels To Watch
The latest Pepe Coin price decreased to $0.000000507 as of January 21, 2026. The coin is currently experiencing a downward trend, with the price dipping by 0.20%.
The Relative Strength Index (RSI) is 31.85, which indicates the asset is nearing oversold conditions. The MACD signals a bearish trend with the signal line below the MACD line,
In terms of price action, the essential support levels can be noted at the levels of 0.00000045 and 0.00000050, with the resistance observed at the levels of $0.00000055 and $0.00000070.
What’s Next for Dogecoin, Shiba Inu, and Pepe Price?
With Bitcoin price dropping to below $90K, the meme coin market is still under pressure, and this affected Dogecoin, Shiba Inu, and Pepe. The possible Dogecoin breakout could lead to a rally, but further losses could make it fall.
Shiba Inu has a higher burn rate, which is a positive sign implying a turnaround. Pepe is undergoing a low momentum, and the future price movement will be subject to the major support and resistance levels.