Pseudonymous Trader Altcoin Sherpa Is Bullish on Dogecoin (DOGE), Bitcoin (BTC), and XRP

A widely followed cryptocurrency analyst is saying he's bullish on a leading memecoin as he shares his outlook on two other digital assets.

A cryptocurrency analyst with a large following is sharing his bullish outlook on three different digital assets, including the leading memecoin Dogecoin (DOGE).

The pseudonymous trader, known as Altcoin Sherpa, has over 219,000 followers on the social media platform X, where he shares his analysis and market updates.

In a recent post, Altcoin Sherpa says that he’s bullish on DOGE over the next six to 12 months, and he believes the memecoin could hit a price of over $0.50 during that time frame.

Based on DOGE’s current price of $0.133, a rally to $0.50 would represent an increase of more than 275%.

“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.”

Next up is Bitcoin (BTC), which Altcoin Sherpa says “looks strong” after retesting resistance at around $65,000 and turning it into support.

“After that reaction, I think we go test the $70,000s.”

Bitcoin is trading at $67,730 at time of writing.

Finally, Altcoin Sherpa is bullish on the payment protocol XRP after it broke out above resistance at $0.58.

“XRP looks pretty strong to be honest.”

Based on the trader’s chart, he seems to suggest that the next resistance level for XRP stands at $0.75.

XRP is trading at $0.597 at time of writing.

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