#Doge🚀🚀🚀 #SHIBA🚀 #pepe⚡

Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) trade in the red as the broader market sell-off gains traction. With the rising supply in the market, the meme coins' market capitalization has dropped nearly 10% in the same period. Amid strong risk-off sentiment in the market, the technical outlook suggests a potential extended crash in DOGE, SHIB, and PEPE. 🚀

Dogecoin, the leader in the meme coin segment, with a market capitalization of $26 billion, is down nearly 9% over the last 24 hours. Despite a recovery earlier this week, DOGE failed to surpass the 50-day Exponential Moving Average at $0.1976, resulting in the ongoing three-day crash accounting for over 15% decline from the $0.2067 high.🚀#Doge

Shiba Inu extends the bearish reversal after facing rejection on Wednesday from a key long-standing resistance trendline marked by peaks on December 8, May 10, and May 22. At the time of writing, SHIB is down 4% in the day, marking a new 30-day low at $0.00001138.🚀#shiba⚡

Pepe is down over 20% from the weekly high at $0.00001362 in three consecutive days of weakness. The downfall breaches the 200-day EMA and risks a breakdown of the $0.00001037 level, the lowest trading price in June. #pepe⚡