Popular meme coin price predictions: DOGE reversal is about to break through the bottom, SHIB and PEPE are recovering along with Bitcoin.

After Bitcoin (BTC) hit a new all-time high, the meme coin market today (10) has regained a bullish momentum, with Dogecoin (DOGE), Shiba Inu (SHIB), and PEPE continuing their upward trend. The technical outlook for meme coins remains bullish, as DOGE is approaching a key resistance level, while SHIB and PEPE are expected to rise further after their recent breakthroughs.

DOGE's reversal is about to break through the bottom

FXStreet analyst Vishal Dixit stated that as of Thursday's press release, the trend of DOGE remains unclear, having formed a doji after a 5.61% pump the day before. The key resistance level at $0.1811, serving as the neckline of a rounded bottom pattern, may provide short-term support for the rebound of DOGE.

Typically, a rounded bottom pattern indicates a bullish reversal following the current decline. If the daily closing price is above this level, it signifies a rounded bottom breakout, targeting the June 10 high of $0.1987.

The Relative Strength Index (RSI) on the daily chart is 56, slightly above the midpoint, indicating a bullish trend momentum.

The Moving Average Convergence Divergence (MACD) indicator shows an increase in the green histogram, indicating that trend momentum is rising. Investors can consider the upward crossover of the MACD trend line and the signal line above the zero line as a potential buy signal.

If it fails to break through the level of $0.1811, it may lead to a pullback to the weekly low of $0.1658.

(Source: Trading View)

SHIB strives to maintain its pump

As of Thursday's publication, SHIB has risen nearly 1%, continuing Wednesday's 4.56% gain. SHIB has rebounded from a low of 0.00001004 USD on June 22, breaking through the key level of 0.00001200 USD, reaching a new 30-day high.

As the momentum of the SHIB trend reverses, bulls are targeting the current resistance level of $0.00001337, which is the high point from June 10.

The RSI reading is 57, above the neutral zone, indicating that bullish momentum is strengthening.

As the MACD and its signal line gradually approach the zero line above, the MACD indicator shows a bullish tendency.

On the contrary, if SHIB breaks below the 0.00001200 USD integer level, it may continue the potential downtrend, falling towards the weekly low of 0.00001145 USD.

(Source: Trading View)

PEPE's trend reversal gains momentum

After soaring 8.44% on Wednesday, as of the time of writing on Thursday, PEPE has risen nearly 0.50%. As shown in the figure below, the meme coin marks its breakout from a descending triangle pattern.

As the upward trend gains momentum, the breakout rebound target for PEPE is the $0.00001196 level marked by the low on May 17.

Technical indicators show that trend momentum is strengthening, with an RSI reading of 57, moving towards the overbought boundary. At the same time, the MACD indicator displays a bullish trend with green bars, and both the MACD and the signal line are also showing an upward trend.

If PEPE fails to maintain its bullish momentum, a pullback may retest the high activity price level of $0.00001037 last tested on July 3.

(Source: Trading View)