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Ethereum Meme Coins Stage Comeback After 2025 Wipeout

By:
Yashu Gola
Published: Jul 18, 2025, 13:52 GMT+00:00

Key Points:

  • Ethereum memecoins like DOGE, SHIB, and PEPE are rebounding sharply in July after steep year-to-date losses.
  • DOGE eyes a 40% upside on a double bottom breakout, while SHIB targets a 50% gain via a triple bottom pattern.
  • PEPE could rally 60% if it confirms an ascending triangle breakout backed by bullish momentum.
Ethereum memecoins

Some of Ethereum’s top-ranking memecoins are staging a solid comeback after staying in the red all across 22025.

Dogecoin (DOGE), the top memecoin by market cap, has surged by over 50% in July despite being down by around 25% year-to-date. Similarly, Shiba Inu (SHIB) and Pepe (PEPE) coins are up nearly 35% and 48%, respectively, but their yearly returns are about -30% each.

DOGE/USD vs. SHIB/USD and PEPE/USD year-to-date returns
DOGE/USD vs. SHIB/USD and PEPE/USD year-to-date returns. Source: TradingView

The memecoin boom is riding on the coattails of Ethereum’s resurgence, as Ether (ETH) stages a strong recovery after months of underperformance versus the broader crypto market.

Renewed interest in ETH has been fueled by rising ETF inflows, optimism following the Pectra upgrade, and a recent reshuffling at the Ethereum Foundation.

On the macro front, a weakening US dollar—pressured by Donald Trump’s escalating tariff policies—has combined with loose crypto regulations in the US to boost overall risk appetite. That’s created a favorable environment for major cryptocurrencies like Ethereum to thrive.

Memecoins, which tend to outperform in risk-on conditions, appear to be capitalizing on this shift, with Ethereum-based tokens in particular seeing renewed speculative interest after a prolonged drawdown.

Dogecoin Price Analysis and Prediction: Another 40% Boom Next

Dogecoin is testing a key neckline resistance near $0.2499 as it completes a potential double bottom pattern, a classic bullish reversal setup. The structure features two lows near $0.1421 from April and July, suggesting a base formation after months of downtrend.

DOGE/USD daily price chart
DOGE/USD daily price chart. Source: TradingView

A decisive close above the neckline could confirm the breakout, opening the door for a move toward $0.3573, the pattern’s upside target, up 40% from the current price levels.

Momentum is building, with DOGE up over 13% intraday and the RSI entering overbought territory. However, without confirmation, the breakout remains at risk of rejection.

Shiba Inu Price Analysis and Prediction: 50% Rally Possible Due to Triple Bottom

Shiba Inu appears to be forming a triple bottom pattern, a bullish reversal setup marked by three consecutive lows near $0.000011110. The structure suggests strong accumulation at the support level, with buyers repeatedly stepping in to defend against further downside.

SHIB/USD three-day price chart
SHIB/USD three-day price chart. Source: TradingView

SHIB is now retesting its neckline resistance around $0.000016866.

A decisive breakout above this level could confirm the pattern and open the door to a measured move toward $0.000022851, a potential 50% upside from the current price.

The rally is backed by improving momentum, as SHIB reclaims both its 50-day and 200-3D EMAs, while the RSI continues to climb toward overbought territory.

Pepe Crypto Price Technical Analysis and Prediction: A 60% Rally Possible

Pepe is testing a key resistance level near $0.000013865 while forming an ascending triangle pattern, a bullish reversal setup often seen at the end of downtrends. The structure features a flat top and rising trendline, indicating higher lows as buyers gain strength.

PEPE/USD three-day price chart
PEPE/USD three-day price chart. Source: TradingView

A confirmed breakout above the horizontal resistance could trigger a technical rally toward $0.000022540, nearly 60% above current levels. The move is supported by strengthening momentum, with the RSI trending higher and PEPE trading above both its 50- and 200-3D EMAs.

About the Author

Yashu Gola is a crypto journalist and analyst with expertise in digital assets, blockchain, and macroeconomics. He provides in-depth market analysis, technical chart patterns, and insights on global economic impacts. His work bridges traditional finance and crypto, offering actionable advice and educational content. Passionate about blockchain's role in finance, he studies behavioral finance to predict memecoin trends.

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