Crypto

Meme Coins Regain Momentum as Dogecoin, Shiba Inu, and Pepe Rally

Guavy AI Editorial Team Published August 20, 2026

Instruments

DOGE SHIB PEPE DOG

Meme coins are on the move again, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) all trading in the green.

Dogecoin has risen over 2% above its 50-day Exponential Moving Average (EMA) at $0.073 on Thursday, after a 7% gain the previous day. Shiba Inu is up by almost 5%, extending its gains from yesterday, while Pepe outpaces them both with over 9% growth.

The technical outlook for these meme coins points to a bullish path forward as momentum shifts to the upside. The Relative Strength Index (RSI) for Dogecoin is at 67 on the daily chart, near overbought territory, while the Moving Average Convergence Divergence (MACD) rises above the signal line.

The immediate resistance for Dogecoin aligns with its 100-day EMA at $0.0802, ahead of a more meaningful barrier at the February 5 low at $0.0867. A sustained breakout above this level could open the door for a stronger bullish continuation toward the 200-day EMA near $0.0960.

Meme Coins Regain Momentum as Dogecoin, Shiba Inu, and Pepe Rally

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