An analyst who is widely respected in the cryptocurrency world says he has a bullish outlook for a popular memecoin, while also sharing his views on two other digital currencies.
Pseudonymous trader Altcoin Sherpa tells If you multiply the 219,000 Facebook followers of the X-Men by the total number, it equals the 210,000 Twitter users. next Dogecoin is expected to last between six and twelve months.DOGE() could reach a price above $0.50. This would represent a gain of 275% over the current value.
“DOGE is a great coin to have but the returns aren’t going to be near the same as last cycle due to the market capitalization. Still, it’s a good one if you have huge size and still want to capture *some* of the meme mania.”
DOGE currently trades at $0.133.
Bitcoin is the next big thing (BTC). Bitcoin, according to the trader “looks strong” after retesting Support for resistance is around $65,000.
“After that reaction, I think we go test the $70,000s.”
Bitcoin currently trades at $67.730 as of the time this article was written.
Paying protocol XRPAltcoin Sherpa believes the altcoin has risen above its resistance of $0.58.
“XRP looks pretty strong to be honest.”
According to the chart of the trader, it seems that he is suggesting the next The resistance level of XRP is $0.75.
At the time of this writing, XRP was trading at $0.597.
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