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Altcoin Sherpa names three tokens that are preparing for a bullish rally in the near future
Editor’s note: Not financial advice!
Popular cryptocurrency analyst Altcoin Sherpa informs his 213,200 followers on the X platform that Dogecoin DOGE $0.12 Department Of Government Efficiency -1.89% Market capitalization $0.12 billion VOL. 24 hours $0.69 billion is ready to start a 50% rally from current levels. The gains began to occur after it climbed above its resistance at $ 0.195.
«DOGE: On the way to $ 0.33.
Other memes are still in the black.
DOGE will not bring you as much income as the others, but you can count on it, which is very nice," the crypto strategist said.
Another coin on the analyst’s radar is the BOOK OF MEME (BOME) meme coin, created on the Solana blockchain SOL $179.96 Solana -0.23% Market capitalization $86.26 billion VOL. 24 hours $0.65 billion . Altcoin Sherpa says it may take some time, but he sees BOME overcoming its immediate resistance at $ 0.0152:
«BOME: I think it will eventually go to $ 0.018.»
The last memecoin on the trader’s list is dogwifhat (WIF). Altcoin Sherpa predicts that WIF will rise to new all-time highs if it breaks the 1,618 Fibonacci level at $ 4.57.
«WIF: amazing moves for this, congratulations to everyone who worked so hard. To be honest, I don’t have any targets. Perhaps $ 5.70 will be next if it can sustain this movement,» the analyst speculates.
As a reminder, Altcoin Sherpa predicts that Solana can reach new heights this year, but situational problems will not escape the crypto asset. «There will probably be a pullback somewhere around $ 200-$ 250, but I don’t know how deep it will be. In this cycle, I am still very optimistic, it is the best network for retail (as evidenced by meme coins). Probably $ 500 in 2024,» the analyst said.