The hype around coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe Coin (PEPE) has died down over the past three months. Due to the lack of interest around these coins, the total market capitalization of meme coins has fallen by 16% in the past three months to $36.28 billion at press time. However, the recent rejection of the class action lawsuit could change the price trend of DOGE, SHIB and PEPE.
Meme coins score regulatory win in California court
A judge in California has… to rule The meme called JENNER is not a guarantee. This coin was launched by a former Olympian known as Caitlyn Jenner, who was accused of offering unregistered securities.
In the ruling, Judge Stanley Blumenfeld said that the meme coin did not meet all the requirements necessary to be classified as a security. He said the investors did not agree to share profits and losses, and did not contribute any resources as a form of capital or investment.
The judge’s ruling mirrors a statement the Securities and Exchange Commission issued in February of last year regarding Regulatory status of meme currenciesExplaining that they are not securities.
Regulatory victories like the recent one in California usually have a bullish impact on DOGE, SHIB, and PEPE prices. For example, in late February last year, after Securities and Exchange Commission (SEC) guidelines regarding memecoinsDogecoin price recorded an increase of more than 20% in just a few days.
DOGE price targets $0.112 if resistance breaks
Doji price It was trading at $0.097 at press time with a loss of 1.7% on the day. He is targeting a breakout high to $0.112, but this will only happen if the resistance at $0.10 is broken. Dogecoin has been trying to break this resistance level for the past two months without much success.
The $0.10 resistance also doubles as the neckline of a rounded bottom. This means that if the meme coin can rise above this level, it could record a 13% rise to $0.113 before the end of April.
that Previous analysis CoinGape noted that if DOGE can hold the support at $0.090, a breakout above $0.10 will occur, increasing the possibility of a rounded bottom appearing.
However, the RSI shows that buyers are becoming hesitant after DOGE price reached the $0.10 resistance level again. If they fail to consolidate the breakout, the 12% rally from the neckline of the round bottom may fail.
SHIB price confirms bullish breakout
newly, SHIB created a symmetrical triangle pattern On the daily chart, the breakout has now been confirmed. After SHIB moved above the resistance at $0.00000622, it is now testing it as support. If this continues, a 19% move to $0.00000743 could occur before the end of April 2026.
The rise of the ADX line also confirms this bullish outlook. It shows that even if the price rally of the DOGE competitor cools down to test support, the uptrend remains strong.
PEPE price is facing a barrier of $0.0000040 with rising OI
Pepe coin price It faces resistance at the $0.0000040 psychological barrier. This level has failed to break since early February. This situation shows that sellers were taking profits when PEPE price approached $0.0000040, and a break above that could trigger the next bullish wave.
Rising open interest represents a unique case for PEPE to break through this resistance. At press time, PEPE’s OI stood at $225 million, its highest level since late February. If the price rises along with the OI, it will create an uptrend Long-term PEPE price forecast.
What’s next for DOGE, SHIB and PEPE prices due to regulatory win?
In summary, DOGE, SHIB, and PEPE price forecasts show that an upward breakout is on the horizon. Along with regulatory clarity, developments such as the upcoming TRUMP meme Coin Conference and Subtract the cash marks on X Can lead marches.
However, the main driver of gains across the meme space will be the performance of the broader market. In most cases, memes tend to track the price of Bitcoin, and if Bitcoin maintains the upward trajectory, DOGE, SHIB, and PEPE will likely rise as well.
