Meme Coins’ Rollercoaster Ride: DOGE Bounces While SHIB Hangs in the Balance
The memecoin sector, often the crypto market’s most volatile bellwether, is delivering a tale of divergence in mid-November 2025. Dogecoin (DOGE), the perennial crowd-pleaser, has staged a modest rebound, climbing 2.20% over the past 24 hours to $0.1745 as of November 13, buoyed by hidden bullish divergences and ETF anticipation. Meanwhile, Shiba Inu (SHIB) is testing critical support near $0.00001145 amid broader meme coin fatigue, with analysts warning of a potential 25% drop to $0.0000085 if the floor gives way. In a $3.57 trillion market consolidating post the U.S. shutdown thaw—Bitcoin steady above $103,000 and total cap down 0.8% daily—these moves highlight memecoins’ sensitivity to sentiment shifts, with DOGE’s resilience contrasting SHIB’s struggle for momentum. As stablecoin volumes hit $19.4 billion YTD and institutions absorb 300K BTC, the question lingers: Is this a fleeting bounce for DOGE or the start of a meme revival? This analysis breaks down the price action, technical signals, and short-term outlooks for both tokens.
Dogecoin’s Rebound: A 2.20% Lift Amid Bullish Divergence
Dogecoin (DOGE) has clawed back some ground, surging 2.20% to $0.1745 on November 13, marking its first green day in a week of range-bound trading between $0.16 and $0.18. This uptick comes after a volatile October-November stretch, where DOGE shed 26% from its $0.46 three-year high in late 2024, driven by post-election euphoria that fizzled amid tariff trade wars and a stronger dollar. The rebound aligns with a hidden bullish divergence on the RSI: Price formed higher lows (from $0.16 to $0.17), while RSI traced lower lows, signaling weakening downside momentum and potential for a 33% push to $0.22 by month-end if channel support at $0.18 holds.
Technicals favor continuation: The weekly OBV (On-Balance Volume) broke below its trendline for the first time since early 2025, but daily MACD shows a bullish crossover, with open interest up 65% from October lows to $1.70 billion. Trading volume at $1.34 billion (51% down 24 hours) remains subdued, but a break above $0.18 could confirm the leg up, targeting $0.22-$0.26. Catalysts include Bitwise’s spot DOGE ETF filing via the 8(a) process (effective in 20 days barring intervention), which could spark 69% gains to $0.306 if approved by late November.
On-chain signals are mixed: Whale holdings down 5% (1K+ DOGE addresses), but holder count exceeds 1.54 million with steady growth, reflecting resilient “Shib Army”-like loyalty. Sentiment leans bullish, with 47% green days over 30 days and Fear & Greed at 29 (fear territory, ripe for reversal).
Short-Term Outlook for DOGE: $0.18 hold eyes $0.22 (26% upside) by November end; failure risks $0.15 (14% down). 2025 year-end target: $0.22-$0.26 (25-49% from $0.1745).
Shiba Inu Tests Support: Volatility Threatens 25% Drop
Shiba Inu (SHIB), the dog-themed memecoin with a $7 billion market cap at $0.00001224, is flirting with danger as it tests support at $0.00001145 amid a 2.43% daily sector dip. Trading in a tight $0.000012-$0.000013 range over the past week, SHIB has lost 52% YTD and 18% monthly, with consolidation signaling potential breakdown if bears prevail. The Ichimoku Cloud’s top now acts as resistance at $0.00001355, while MACD remains below the signal line, confirming weak momentum. A breach below $0.00001145 could trigger a 25% plunge to $0.0000085-$0.000009, erasing most 2025 recovery gains and testing the 200-day EMA.
Fundamentals offer glimmers: Shibarium’s Layer-2 processed 7,620 daily transactions (+70% WoW), with 14 million+ blocks and TREAT token governance boosting DeFi utility. However, massive supply (589 trillion tokens) dilutes upside, and competition from FLOKI/PEPE erodes mindshare—SHIB’s 90-day slump at -48% vs. BTC’s dominance (59.9%). On-chain: Holder count at 1.54 million with steady growth, but OBV sideways hints at low conviction.
Short-Term Outlook for SHIB: $0.00001145 hold targets $0.00001355 (18% upside); failure eyes $0.0000085 (30% down). 2025 year-end: $0.000011-$0.000015 (10-23% from $0.00001224).
Memecoin Volatility: Divergence Signals Sector Rotation
The meme sector’s $45.12 billion cap (-2.43% daily) is a volatility vortex, with DOGE’s rebound contrasting SHIB’s test—highlighting rotation from utility-challenged memes to ETF-teased ones. Memecoins’ 80% sentiment drive amplifies: DOGE’s 65% OI drop to $1.70B signals short squeeze potential, while SHIB’s low volume ($4.18B) risks fade. Broader tailwinds: $2K tariff dividends (85% eligible, $400B liquidity) and meme TVL up 20% QoQ ($1B on Shibarium).
| Token | Current Price | 24h Change | Support | Resistance | Short-Term Target |
|---|---|---|---|---|---|
| DOGE | $0.1745 | +2.20% | $0.16 | $0.18 | $0.22 (+26%) |
| SHIB | $0.00001224 | -2.43% (sector) | $0.00001145 | $0.00001355 | $0.000013 (+6%) or $0.0000085 (-30%) |
In memecoin’s wild ride, DOGE rebounds on divergence; SHIB tests support amid fatigue. DOGE for quick flips; SHIB for HODL utility. Volatility reigns—trade with stops.