Meme coins are finding their footing amid a volatile market, as Bitcoin attempts a recovery. This could help the speculative tokens bounce back even if the broader market recovery is slow.
BeInCrypto has analysed three such meme coins that the investors should watch as November nears its end.
SponsoredPippin (PIPPIN)
PIPPIN has become the week’s strongest-performing meme coin after soaring 133% in seven days. The token now trades at $0.067 and has successfully flipped the $0.064 level into support, signaling strong buyer demand and renewed market attention.
If momentum holds, PIPPIN may rebound off this support and climb toward $0.080. The EMAs indicate that the token narrowly avoided a Death Cross, suggesting a resurgence in bullish sentiment. This shift could help propel PIPPIN toward the $0.100 mark as enthusiasm grows.
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If investors begin taking profits, PIPPIN may struggle to maintain its gains. A drop below $0.064 could send the price toward $0.052. Losing that support would invalidate the bullish thesis and increase the likelihood of a deeper retracement.
Dogecoin (DOGE)
Dogecoin remains in a downtrend that began nearly a month ago, but momentum could shift following the launch of the Grayscale Dogecoin spot ETF (GDOG).
SponsoredThe new product has sparked renewed interest, raising expectations for a potential rebound in the meme coin’s price this week.
If bullish sentiment strengthens, DOGE may push past the $0.151 resistance and climb toward $0.162. Dogecoin also exhibits a strong 0.95 correlation with Bitcoin, indicating that a BTC rally could potentially amplify its upward movement. This alignment gives DOGE an opportunity to mirror broader market gains.
If the ETF fails to generate sufficient enthusiasm, Dogecoin’s downtrend may continue. A drop below the $0.142 support could follow, potentially sending the price to $0.130. Such weakness would invalidate the bullish thesis and signal further bearish pressure ahead.
Gigachad (GIGA)
GIGA has surged 27% over the past week, as momentum has shifted decisively from bearish to bullish. The Parabolic SAR confirms an active uptrend, signaling strengthening buyer interest and improving technical conditions that support continued upward movement in the near term.
If this momentum holds, GIGA could break above the $0.0053 resistance and advance toward $0.0059. A successful breach of that level may open the path to $0.0070, extending the rally and attracting additional investor attention as confidence builds.
If selling pressure emerges, GIGA could lose its upward traction. A drop below the $0.0048 support level may push the price toward $0.0042 or even $0.0034. Such a decline would invalidate the bullish thesis and increase the risk of a deeper correction.
