Respected cryptocurrency analyst and trader Altcoin Sherpa has shared three altcoins that he believes are poised for a breakout in the near future. The analyst’s list includes Dogecoin (DOGE), BOOK OF MEME (BOME), and dogwifhat (WIF).
DOGE and BOME Expected to Surge
On social media platform X, Altcoin Sherpa drew attention to three altcoins, sharing his expectations for their potential price movements. The analyst predicts that Dogecoin, one of the biggest memecoins, could rally over 50% if it surpasses the resistance at $0.195 and closes above this level on a weekly timeframe. Currently, DOGE is trading at $0.1845, down 10.94% in the last 24 hours, below the analyst’s indicated threshold of $0.195.
The analyst suggests that even though DOGE may not promise as high returns as other memecoins, investors should still consider investing in the altcoin or increasing their allocated funds for it.
Another altcoin that caught Altcoin Sherpa’s attention is BOOK OF MEME, based on the Solana (SOL) Blockchain. The analyst forecasts that BOME could potentially make a significant surge if it crosses the resistance at $0.0152 in the near future. Data shows BOME trading at $0.01612, up 4.28% in the last 24 hours.
Analyst’s Take on dogwifhat (WIF)
The third altcoin highlighted by Altcoin Sherpa is dogwifhat’s WIF, which he believes has the potential to reach all-time highs if it successfully surpasses the 1.618 Fibonacci level at $4.57. The analyst acknowledges WIF’s extraordinary performance and expresses optimism for its future potential gains.
Data indicates that WIF has seen a notable decrease of 13.95% in the last 24 hours, trading at $3.76, which is significantly below the analyst’s indicated threshold of $4.57.
Overall, the analyst’s predictions reflect that DOGE, BOME, and WIF could experience significant price increases in the coming days or weeks.
