Memecoin

On May 19, market volatility returned as selling pressure intensified across major tokens. Bitcoin faced rejection near the $81,000 area and risked accelerating weakness if support at $75,000-$76,000 gives way, while Ethereum struggled below key moving averages after failing near $2,500. SHIB showed the weakest setup amid reports of billions of tokens moving to exchanges, XRP held a $1.30-$1.32 zone, and Hyperliquid (HYPE) remained in a clear uptrend.

Dogecoin fell to $0.10, down -6.50%, as Micron veteran Jordi Visser said its chart is “on the verge of a breakout” during a discussion with Anthony Pompliano. Spot DOGE ETFs recorded net inflows on four of the last eight trading days, totaling around $1.3 million in May. Traders are watching $0.11 resistance and the 200-day moving average at $0.125 as the next key levels.

Dogecoin extended its pullback on Monday as meme coins stayed under selling pressure alongside a broader market dip. DOGE is down 5% and traded below $0.106 after rejecting the $0.119 weekly resistance on Thursday, with bears potentially targeting a move under $0.10 if weakness persists.

Hyperliquid's HYPE traded above $45 and was up +10.97% to $46.61 while Bitcoin, Ethereum, and XRP were in the red, as the token tested a key $47 resistance area. The analysis outlined a potential move toward $50 if $47 breaks, while noting downside scenarios that could point back toward the low-$30s. Separately, the Maxi Doge ($MAXI) presale was reported at $4.7 million raised with a token price of $0.0002819.

PEPE and Shiba Inu recorded modest holder growth over a two-week period, with PEPE adding more than 1,500 new addresses and SHIB rising from 1.583 million to 1.585 million holders. Both tokens were described as trading back toward prior breakout zones, with PEPE near $0.00000371 while a drop toward $0.00000300 was also outlined. SHIB’s selling pressure, measured by CVD, was said to fall from 437 billion SHIB to 37 billion tokens as it approached a slanting resistance.

Dogecoin (DOGE) is showing early reversal signals after a prolonged downtrend that began in September last year, alongside rising capital inflows. A newly created wallet opened a 20 million DOGE 10x-leverage position worth more than $2.25 million, while spot DOGE ETFs recorded over $1.30 million of net inflows in May. Technically, DOGE has moved above the 20-, 50-, and 100-day EMAs and is approaching the 200-day EMA near $0.125.

Siren (SIREN), an AI memecoin, dropped 56% on 14 May even as the broader crypto market moved higher, and it was trading around $0.53 at the time of writing. Trading activity also cooled, with volume down over 51.43% to $56.67 million, while technical levels highlighted $0.499 as a key support that could open downside toward $0.173 if it breaks.

Shiba Inu's exchange reserves are hovering around the closely watched 82 trillion SHIB area, with centralized venues holding about 81.9–82.3 trillion tokens. SHIB has struggled to sustain a breakout, with resistance at $0.0000064–$0.0000065 and support near $0.0000060, while indicators suggest momentum has cooled rather than fully reversed.

Dogecoin (DOGE) has moved back into oversold territory as volatility rises and price action remains weak, with one analyst pointing to past instances where this condition aligned with cycle lows. On May 12, Cryptollica said DOGE entered the weekly RSI oversold zone and argued a base could be forming near $0.10, while his chart also shows a $5 upside target from around $0.115.

Dogecoin futures open interest increased 5.09% to $1.79 billion on May 14, alongside an 81.62% jump in trading volume to $3.99 billion. Over the same period, Bitcoin OI edged down 0.36% while Ethereum rose 0.94%, with Solana and XRP posting declines; DOGE traded around $0.1157, up about 1%.