Bitcoin Hits $122K — $DOGE , $SHIB , and $PEPE Prime for Further Gains

Dogecoin's rounded bottom rally targets $0.2145 over the 200-day EMA.

Shiba Inu rises over 4% over the 100-day EMA as bullish momentum builds.

On Monday, Pepe's uptrend gained nearly 6% amid increased possibilities of a golden crossing.

As Bitcoin (BTC) rises beyond $122,000, meme currencies like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) gain over 4% at press time on Monday.

Dogecoin recovers $0.20

Dogecoin rises nearly 4% at press time on Monday and surpasses the 200-day EMA at $0.2028 after a rounded bottom.

The DOGE rise might reach $0.2145 barrier level last hit on Friday with a convincing daily closure above the dynamic line. DOGE might reach $0.2500 psychological threshold and the May 11 high of $0.2597 if it breaks this level.

Dogecoin may fall below the 100-day EMA at $0.1901 if it fails to rise above the 200-day EMA at $0.2028.

Shiba Inu expects further gains as bullish momentum grows.
On Monday, Shiba Inu bounced over 4% off the 100-day EMA, indicating a bullish week ahead. SHIB retested the 100-day EMA following repeated Doji candles since Friday, bolstering the rebound.

In late May, $0.00001421, a key support level, was targeted by the meme currency. With a daily close above this level, investors might target $0.00001567, last touched on May 23, although the 200-day EMA at $0.00001452 represents short-term resistance.

A correction and closing below the 100-day EMA might retest the 50-day EMA around $0.00001248.

PEPE’s golden crossing suggests a long rally.
After a peaceful weekend with Doji candles at $0.00001200, Pepe leads the meme currency rally with a 6% increase at press time on Monday. Increasing bullish daily chart hints support Pepe's latest descending triangle breakout surge.

The surge might reach $0.00001632 on May 23 if Pepe breaks the $0.00001362 resistance level previously hit on June 10.

If PEPE breaks below the $0.00001196 support level last touched on Saturday, it might fall to the 200-day EMA at $0.00001094.

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