Ethereum Targets ₱180,770 ($3,000) as SHIB and DOGE Struggle to Break Free

Ethereum is beginning to show signs of structural recovery after months of continuous downward pressure, and analysts now see a move toward ₱180,770 ($3,000) as plausible. The cryptocurrency has formed an ascending support trendline in March while building a base between ₱120,513 ($2,000) and $2,200.

The 50 EMA has historically served as a short-to-midterm trend validator, and a clean break and hold above it would mark the first major bullish confirmation in months. If Ethereum turns that level into support, it will serve as a dynamic floor for continuation and become a trustworthy indicator of future growth. The immediate resistance zone sits between $2,400 and $2,600.

Shiba Inu remains below its local resistance zone after months of lower highs, with the RSI indicator sitting in the low-50s range. For SHIB to truly come back to life, there must be a clear break above the existing wedge resistance and a discernible volume increase. SHIB is highly dependent on sentiment cycles and does not move in a vacuum—external catalysts like increased market strength, a resurgence of interest in meme assets, or a change in speculative capital are needed.

Dogecoin has consolidated between $0.09 and $0.10 over the last several weeks, with its 50 EMA, 100 EMA, and 200 EMA all positioned above the price and sloping downward. The notion of removing a zero from Dogecoin's price is becoming more impractical given the state of the market, as the cryptocurrency is trapped in a structural downtrend. In the past, social hype, coordinated retail flows, or macro-driven liquidity surges were the catalysts that propelled DOGE's explosive rallies, but none of these exist on a large scale as of April 2026. Dogecoin continues to be inflationary, making upward pressure difficult to sustain without fresh speculative capital entering the market.