The Bitcoin price is rising! With this, the markets have gained significant strength, which is seen among the memecoins. While the top altcoins struggle to grasp some gains, memecoins like Shiba Inu, Pepe, Fartcoin, etc., and a few more have begun to surge. These tokens have soared with a high margin, which raises the possibility of a Memecoin Mania.
Shiba Inu (SHIB) Price Breaking Out-Aims for a 25% Upswing
The Shiba Inu price has remained stuck within a descending parallel channel since the start of the year. The bears had held a strong grip over the rally, due to which the bulls failed to break the resistance of the channel. Meanwhile, the price has broken from the range, and the technicals have turned bullish, suggesting a continuation of a bullish trend.
The supertrend has just turned bullish, hinting towards a massive change in the trend of the rally. On the other hand, the RSI remains incremental and has reached levels not tested since December 2024. Therefore, these levels are expected to test the upper threshold, which could help the buying pressure to intensify and push the RSI within the overbought levels. Presently, the SHIB price is testing crucial resistance at $0.000015 and a breakout may push the price beyond $0.000018, paving the way to reach $0.00002.
Pepe (PEPE) Aims to Surpass $0.000011
Similar to Shiba Inu, PEPE price also failed to gain bullish attention since the start of the year, which appears to have overturned after the latest rebound. The PEPE price is forming constantly higher highs and lows after rebounding from the lows close to $0.000005. However, the token is trying to enter the bullish range and hence a continued ascending trend is expected to persist for a while.
The PEPE price has surged above the 50-day MA for the first time in 2025 and hence a close above the range could trigger a healthy upswing ahead. On the other hand, the CMF is rising, which has remained stuck at 0 for a long time. The current market dynamics suggest the bullish momentum could persist, which may push the price to the 200-day MA that may further pave the way for a Golden Cross. With this, the PEPE price is expected to rise above $0.00001 and secure $0.000011 before the end of the month.
Fartcoin (FARTCOIN) May Form A New ATH at $3 Soon
Fartcoin has been one of the most trending coins since the launch, as the bulls dominated the rally to a large extent. The price constantly formed higher highs and lows to mark a new ATH at $2.73. However, the token marked a parabolic recovery after the rejection, which suggests the price may soon rise and reclaim the lost highs.
As seen in the above chart, the FARTCOIN price is expected to maintain a consolidated ascending trend along the parabolic curve, which has been a strong support. The RSI is about to test the upper threshold and if it manages to rise within the overbought level, the token may surge above $1. This could further push the price to $1.5, raising the hopes of a new ATH close to $3.
