The cryptocurrency market remains calm over the weekend. While the leading crypto Bitcoin is hovering around the $68,000 mark, leading altcoins have a similar stable outlook. As the crypto market searches for a catalyst, an analyst with a large following 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!
cryptokoin.comAs you follow from , the market has entered a sideways trajectory as the spot Ethereum ETF excitement has calmed down. However, investors and traders spend this period preparing for the next bull run. The analyst, nicknamed Altcoin Sherpa, shared his latest predictions with his followers to give them an idea. The analyst predicts that Dogecoin (DOGE) will rise to $0.40, potentially approximately 147% above the current level. Altcoin Sherpa also says that DOGE is “one of the safest trades you can make in this cycle, in my opinion.” In this context, the analyst says the following for the bull thesis for DOGE:
- Retail will eventually buy it up.
- He’s going to be blown up by a retarded tweet from Elon Musk.
- It has great liquidity/low downside compared to other meme coins.
- It probably outperforms many other shitcoins.
“LINK has about 75% upside potential!”
The analyst then discusses Blockchain oracle Chainlink (LINK). Altcoin Sherpa says that while Chainlink may not deliver 100x returns, it does have a limited downside. According to the analyst’s chart, LINK has the potential to rise approximately 75% from the current level. Moreover, it is possible that it will reach a price of $32 in the coming months. Meanwhile, Chainlink was trading at $18.58 at the time of writing. This succession token has seen an increase of around 9% on its weekly chart.
The analyst is being patient with SOL and NEAR!
Altcoin Sherpa next looks at Solana (SOL). The analyst said, “I think this rate will rise much higher later this year. But for now I think we will see more volatility/lower volatility.” says.
Finally, the analyst covers the layer 1 platform NEAR Protocol (NEAR). Altcoin Sherpa says 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 basically you’re hoping for a breakout. Personally, I would prefer to be patient and buy at higher levels.” says.
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For the rest of the article, Master Analyst’s Predictions for DOGE and 3 Altcoins: Two of them are Strong Bulls!