Altcoins
Predictions for DOGE and 3 Altcoins from a Veteran Analyst: Two Strongly Bullish!
THE cryptocurrency the market followed a calm trend over the weekend. While the leading cryptocurrency Bitcoin hovers around the $68,000 mark, major altcoins have an equally stable outlook. As the cryptocurrency market searches for a catalyst, an analyst with a large following has shared his latest predictions for DOGE, LINK, SOL, and NEAR. The analyst expects triple-digit gains for the original meme coin.
Altcoin Sherpa Predicts 147% Run for DOGE!
As you followed Cryptokoin.com, the market entered a sideways trajectory as the Ethereum spot ETF hype subsided. However, investors and traders are spending this period preparing for the next bull run. Pseudonymous Altcoin analyst Sherpa shared his latest predictions with his followers to give them an idea. The analyst expects Dogecoin (DOGE) to potentially rise to $0.40, about 147% above the current level. Altcoin Sherpa also says, “I think it’s one of the safest trades you can make in this cycle” for DOGE. In this context, the analyst states the following in favor of the bullish thesis for DOGE:
- Retail will eventually buy it.
- It will blow up because of a delayed tweet from Elon Musk.
- It has great liquidity/low downside compared to other meme coins.
- It will probably outperform many other crap coins.
Source: Altcoin Sherpa
“LINK has the potential to increase by approximately 75%!”
The analyst then discusses the blockchain oracle Chain shirt (CONNECTION). Altcoin Sherpa states that although Chainlink does not offer 100x earnings, it has a limited downside. According to the analyst chart, LINK has the potential to rise approximately 75% from the current level. It could also reach a price of $32 in the coming months. Meanwhile, Chainlink was trading at $18.58 at the time of writing. Meanwhile, the token recorded an increase of around 9% on its weekly chart.
The analyst is patient for SOL and NEAR!
Altcoin Sherpa then looks Solana (SOL). “I think it will go much higher by the end of the year. But for now, I think we will see more/less volatility.”
Finally, the analyst discusses the Tier 1 platform NEAR Protocol (NEAR). Altcoin Sherpa says NEAR does not currently offer an attractive entry opportunity for a long position. Against this backdrop, the analyst said, “I think NEAR appears to be consolidating. But basically you’re hoping for an escape. Personally I prefer to be patient and buy at higher levels.”
Follow us on Twitter, Facebook AND Instagramand join ours Telegram AND Youtube channel to stay updated on the latest news!