DOGE, SHIB, and PEPE rise as broader crypto market recovers
- Dogecoin holds at critical support, ticking up after five consecutive days of losses.
- Shiba Inu begins the week regaining strength and targeting a key resistance trendline.
- Pepe’s trend reversal gains momentum in the 4-hour chart.
Meme coins Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) register a bright start to the week, concurrent with the broader cryptocurrency market recovery. Dogecoin and Shiba Inu present the possibility of a double bottom reversal with a bullish RSI divergence, while Pepe’s reversal overcomes a key level as its momentum grows.
Dogecoin’s first uptick in six days
Dogecoin trades in the green by almost 1% at press time on Monday as it bounces off the $0.1710 support level formed by the…