The meme coin market is showing signs of divergence as Shiba Inu (SHIB) stabilizes near support while Dogecoin (DOGE) struggles to regain footing after heavy 0 has managed to attract dip-buying interest thanks to technical support and ecosystem upgrades, while DOGE continues to face headwinds from whale profit-taking and sector-wide risk aversion. Together, their performance highlights the fragile sentiment across meme coins as traders weigh technical levels against broader market 1 Holds Support, Eyes Resistance Shiba Inu found support near $0.000012, aligning with its 30-day SMA ($0.000012755). Indicators show selling pressure easing: MACD histogram reflects slowing bearish 2 (43.39) avoided oversold territory, suggesting 3 this means: Short-term traders are exploiting oversold conditions, but resistance at $0.000013236 (38.2% Fibonacci retracement) remains a 4 to watch: A daily close above $0.000013 could unlock momentum toward $0.000014, while failure to break resistance risks renewed 5 Ecosystem Upgrade Fundamentals also support SHIB’s 6 August 29, the Shib Alpha Layer beta launched, enabling faster transactions and multi-asset gas 7 Layer-3 solution is designed to simplify blockchain interactions and broaden SHIB’s 8 this means: By addressing scalability and usability, Shibarium could draw developers and fuel new applications.
Historically, milestones such as surpassing 1.4B transactions have aligned with SHIB price rallies, making ecosystem growth a catalyst to 9 Faces Technical Weakness Dogecoin, meanwhile, remains under 10 sit below both the 7-day ($0.2165) and 30-day ($0.2222) SMAs, while indicators lean bearish: MACD histogram: -0.00194. RSI-14: 45.18, close to oversold but lacking reversal 11 $0.23 triggered bearish sentiment, turning the $0.214–$0.222 zone into 12 support now lies at $0.20–$0.195. What to watch: A break below $0.20 could accelerate declines toward the 200-day SMA ($0.1977). DOGE’s decline has been exacerbated by whale 13 early August, Dogecoin suffered over $3M in liquidations during a 5% drop to $0.195.
Whale wallets dumped about 310M DOGE near $0.23, reinforcing resistance at that 14 Paths in Meme Coin Sentiment SHIB and DOGE are moving in different 15 shows resilience, holding above support while ecosystem upgrades add a bullish 16 buyers can push above $0.000013 resistance, momentum could carry it higher. DOGE, however, faces technical breakdowns and persistent whale selling, with $0.20 support now the last major defense before deeper 17 PR: Clarity Beyond Market Noise Just as SHIB and DOGE face uncertainty from technical levels and whale actions, crypto projects themselves must navigate unpredictable markets with 18 is where Outset PR, founded by strategist Mike Ermolaev, delivers an 19 PR operates like a hands-on workshop, designing campaigns tailored to each project’s stage, goals, and market 20 of mass-blast outreach, it emphasizes performance-based media selection, choosing outlets based on discoverability, domain authority, and viral potential, while timing narratives to maximize 21 agency’s proprietary traffic acquisition technology is a standout, blending editorial coverage with SEO and lead-generation 22 approach has generated results far beyond standard 23 instance, ChangeNOW achieved a 40% boost in customer reach after Outset amplified coverage with a Google Discover 24 a space where PR often feels like a black box, Outset PR delivers C-level clarity, turning communications into a measurable growth 25 web3 projects this kind of data-driven, insight-backed storytelling ensures visibility and trust are sustained even when markets turn 26 can find more information about Outset PR here: Website: 27 Telegram: 28 X: 29 Disclaimer: This article is provided for informational purposes 30 is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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