{"id":4380,"date":"2025-02-06T09:00:25","date_gmt":"2025-02-06T09:00:25","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/shiba-inu-and-dogecoin-could-be-poised-for-a-major-comeback-heres-why\/"},"modified":"2025-02-06T09:00:25","modified_gmt":"2025-02-06T09:00:25","slug":"shiba-inu-and-dogecoin-could-be-poised-for-a-major-comeback-heres-why","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/shiba-inu-and-dogecoin-could-be-poised-for-a-major-comeback-heres-why\/","title":{"rendered":"Shiba Inu and Dogecoin Could Be Poised for a Major Comeback \u2013 Here\u2019s Why"},"content":{"rendered":"

Recent market turbulence has impacted Shiba Inu (SHIB) and Dogecoin (DOGE), with both memecoins experiencing significant price declines over the past few days.<\/p>\n

This setback comes amid a broader downturn in the crypto market, yet some analysts remain optimistic about the potential trajectories for these popular memecoins.<\/p>\n

Javon Marks, a well-known analyst on Elon Musk’s social media platform X, has shared his perspective on both SHIB and DOGE, offering insight into where these memecoins might be headed next.<\/p>\n

Shiba Inu On The Verge Of A Major Rally<\/h2>\n

In his analysis of Shiba Inu, Marks highlighted several technical signals that could indicate a bullish continuation. He noted that SHIB has already broken out of a larger resistance trend, setting a potential target at $0.000081.<\/p>\n

Marks emphasized that recent price dips have been met with substantial buyer activity, creating a strong rejection of selling pressure. This, he suggested, could indicate that the market has enough support to shift sentiment back toward a bullish stance.<\/p>\n

\n

Near 10X to $0.0001553 for $SHIB<\/a> \"\ud83d\ude33\":<\/p>\n

SHIB (Shiba Inu) has already confirmed Bull Signals that suggest a continuation while also being broken out of a much larger resisting trend that implies $0.000081 to be in play as the target<\/p>\n

On top of that, buyers in the recent dip showed\u2026 https:\/\/t.co\/DVZmRNVaQZ<\/a> pic.twitter.com\/CwGHrUdLwr<\/a><\/p>\n

\u2014 JAVON\"\u26a1\"MARKS (@JavonTM1) February 4, 2025<\/a><\/p>\n<\/blockquote>\n

According to Marks, these conditions could pave the way for SHIB to eventually reach a higher target of $0.0001553, a level that would represent a significant gain from its current price. In his words:<\/p>\n

\n

With Shiba’s recent sideways action and dip while holding broken out, this can actually be a positive and contribute to the longevity and scale of this run, making it much more likely for a break above the $0.000081 target to take place which would then welcome $0.0001553 into play! $0.0001553 is currently over 840% way<\/p>\n<\/blockquote>\n

Dogecoin Path Toward Higher Levels<\/h2>\n

Turning his attention to Dogecoin, Marks outlined a similarly optimistic scenario. He pointed out that DOGE has shown a strong breakout response, with recent price action suggesting a potential climb to $0.6533.<\/p>\n

Marks also indicated that if DOGE were to surpass this level, it could set its sights on a higher target of $1.25111, representing a significant upward move from current levels.<\/p>\n

\n

$DOGE<\/a> (Dogecoin) to $0.6533 is looking like its only a matter of time here with such a major breakout response and climb thus far but a move above is looking more and more likely!<\/p>\n

A move above $0.6533 brings in play $1.25111 which is currently over 333% away… https:\/\/t.co\/fAGPkw2n2F<\/a> pic.twitter.com\/RyUuojWxsh<\/a><\/p>\n

\u2014 JAVON\"\u26a1\"MARKS (@JavonTM1) February 4, 2025<\/a><\/p>\n<\/blockquote>\n

\"Dogecoin<\/p>\n

Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"

Recent market turbulence has impacted Shiba Inu (SHIB) and Dogecoin (DOGE), with both memecoins experiencing significant price declines over the past few days. This setback comes amid a broader downturn in the crypto market, yet some analysts remain optimistic about the potential trajectories for these popular memecoins. Javon Marks, a well-known analyst on Elon Musk’s…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[368],"tags":[14,15,136,135,20,232,21,22],"class_list":["post-4380","post","type-post","status-publish","format-standard","hentry","category-meme-coins","tag-crypto","tag-crypto-market","tag-doge","tag-dogecoin","tag-meme-coins","tag-memecoin","tag-shib","tag-shiba-inu"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/4380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=4380"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/4380\/revisions"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=4380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=4380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=4380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}