Meme Coins Rally: Dogecoin, Shiba Inu, and Pepe Bounce Back Amid Market Weakness

Jakarta, Pintu News – Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), saw a recovery of about 2% on Monday (January 26), after experiencing a 7%-13% decline last week. Dogecoin and Shiba Inu are still holding at important support levels, while downside risks still loom over PEPE.

Based on data from Artemis, the meme coin category recorded a loss of around 6% in the last seven days, while privacy coins saw the biggest drop of almost 18%.

This suggests a broader risk-off sentiment in the crypto market, which reduces the likelihood of a sustained recovery in meme coins, as their price movements are generally driven by market sentiment.

Dogecoin sparks recovery hopes

Dogecoin rose 2% on Monday (Jan. 26), recovering some of the 4% loss incurred on Sunday. The meme coin is still holding above the crucial support level of $0.1161, which aligns with the low point on December 31.

Read also: Dogecoin Holds Steady Around $0.12 Today — What’s Next for DOGE’s Price Movement?

However, the downtrend since mid-January has kept the DOGE below its 50-day, 100-day, and 200-day exponential moving averages (EMAs)-confirming the still-dominant bearish bias. If DOGE drops below $0.1161, then Pivot Point S1 at $0.1045 is likely to be the next support level.

Technical indicators on the daily chart suggest selling pressure is starting to weaken. The MACD indicator is still below the signal line in the negative zone, but the red histogram bars are starting to shrink. Meanwhile, the RSI (Relative Strength Index) is at 37, indicating a slight bounce although the downtrend still dominates.

For upside potential, the 50-day EMA at $0.1373 could be the upper limit for price recovery.

Shiba Inu’s recovery is still underpowered

Shiba Inu recorded a similar recovery of 2% on Monday (Jan 26), after experiencing a 4% drop the day before. The token is showing a similar movement pattern to DOGE, holding at the $0.00000755 support level which was the lowest point on November 21.

If SHIB closes the day below this level, then there is potential for it to resume its decline towards the December 31 low of $0.00000682. Technical indicators suggest selling pressure is starting to ease, with MACD histogram bars shrinking and RSI at 42 starting to bounce towards the midline.

To unlock further recovery opportunities, SHIB needs to break back the 100-day EMA at $0.00000855.

Read also: Meme Coin Battle 2026: Can Pengu Coin (PENGU) Outperform Pepe Coin (PEPE)?

Pepe Struggles to Return to Psychological Level

Pepe rose more than 3% on Monday (21/1), as bulls attempted to reclaim the psychological level of $0.00000500. However, the meme coin is likely to face obstacles around the $0.00000521 level that has now turned into resistance, as well as at the 50-day EMA at $0.00000530, which could limit the price recovery.

The technical indicators on the daily chart show a similar pattern to Dogecoin, where the RSI is at 42 levels indicating a minor recovery, and the MACD histogram bars that continue to decline below zero indicate weakening bearish pressure.

If the downward trend continues, the support at $0.00000431-which is the December 5 low-is expected to be the lower limit to resist further decline.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• FXStreet. Meme coins price prediction: Dogecoin, Shiba Inu, Pepe rise amid lingering downside risks. Accessed on January 27, 2026