A closely followed analyst has updated his predictions on Dogecoin (Doge), Ethereum (ethereum) and one altcoin that outperformed the entire crypto market this month.
Pseudonymous Crypto Analyst Altcoin Sherpa To tell His 185,600 Twitter followers believe Dogecoin’s price gains will continue to be strong. effect Elon Musk buys Twitter.
“The recent decline has been brushed off and continued. Normally DOGE leading the market is a bad sign, but given Elon (Musk) on Twitter, I think there are a few different situations. This still looks good and I think $0.088 is coming.”
Musk has appreciated the meme asset in the past, and some investors have speculated that he will integrate DOGE into Twitter, such as through an existing feature that allows users to tip people in Bitcoin. increase (Bitcoin) and Ethereum. As of this writing, DOGE trades hands at $0.085.
Altcoin Sherpa will next set its sights on Ethereum, the leading smart contract platform and the second largest crypto by market capitalization.Altcoin Sherpa To tell He expects Ethereum to rise further.
“I still think we can see more upside because the price has been chopping in the $1,300s for a while.
At the time of writing, Ethereum is trading at $1,548.
Finally, he To tell Decentralized Exchange Token Sushiswap (Sushi) may continue to move higher after finding support at $1.58.
“$1.58 on an incredibly clean S/R (support/resistance) test. Go to $1.87 now.”
Earlier this month, SUSHI hit a low of $1.02 and recently climbed more than 70% to a high of $1.74. At the time of writing, SUSHI is trading at $1.67.
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