Altcoins
Predictions for DOGE and 3 Altcoins from a Seasoned Analyst: Two Strongly Bullish!
THE cryptocurrency The market followed a calm course over the weekend. While leading crypto Bitcoin hovers around the $68,000 mark, major altcoins have a similarly stable outlook. As the crypto market searches for a catalyst, a widely followed analyst has shared his latest predictions for DOGE, LINK, SOL, and NEAR. The analyst predicts triple-digit gains for the original meme coin.
Altcoin Sherpa predicts a 147% run for DOGE!
As you followed Kriptokoin.com, the market entered a sideways trajectory as the Ethereum ETF spot hype subsided. However, investors and traders spend 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 predicts that Dogecoin (DOGE) will potentially reach $0.40, approximately 147% above the current level. Altcoin Sherpa also says, “I think this is one of the safest trades you can make this cycle” for DOGE. In this context, the analyst says the following for the bull thesis for DOGE:
- Retail will eventually buy it.
- It’s going to explode on a late tweet from Elon Musk.
- It has high liquidity/low downside compared to other meme coins.
- It will likely outperform many other shitcoins.
Source: Altcoin Sherpa
“LINK has the potential to grow by around 75%!
The analyst then discusses the blockchain oracle Chain link (LINK). Altcoin Sherpa claims that while Chainlink does not offer 100x gains, it has limited downside. According to the analyst’s chart, LINK has the potential to rise by around 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 saw an increase of around 9% on its weekly chart.
The analyst is patient for SOL and NEAR!
Altcoin Sherpa looks next Solana (GROUND). “I think it will increase a lot later this year. But for now, I think we will see more volatility/less volatility.
Finally, the analyst discusses the layer 1 platform CLOSE Protocol (NEAR). Altcoin Sherpa claims that NEAR does not currently offer an attractive entry opportunity for a long position. In this context, the analyst said: “I think NEAR seems to be consolidating. But you’re basically hoping for an escape. Personally, I prefer to be patient and buy at higher levels.
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