Crypto Analyst Altcoin Sherpa Says Memecoins Pepe (PEPE), dogwifhat (WIF), Popcat (POPCAT) Gearing Up for Big Breakout Rallies

Pseudonymous analyst Altcoin Sherpa tells his 219,100 followers on the social media platform X that Ethereum (ETH)-based altcoin PEPE and

Popular crypto analyst and trader thinks a trio of memecoins are gearing up for big breakout rallies.

The pseudonymous analyst known as Altcoin Sherpa is updating his 219,100 followers on the social media platform X on the price action of Ethereum (ETH)-based altcoin PEPE and Solana (SOL)-based meme tokens dogwifhat (WIF) and Popcat (POPCAT).

According to the trader, the memecoins are showing signs that they’re about to blast through immediate resistance.

“Big-cap memes loading for the next leg up. PEPE, WIF, POPCAT.”

Altcoin Sherpa's chart seems to indicate that PEPE will break out after clearing resistance at $0.0000128. At the time of writing, PEPE is trading at $0.0000177.

The trader appears to be suggesting that WIF is nearing its diagonal resistance, which is currently hovering at the $2.50 level. At the time of writing, WIF is trading at $2.33.

As for POPCAT, the level to clear, according to Altcoin Sherpa, is $0.9389. At the time of writing, POPCAT is trading at $0.7339.

The trader also adds that he’s bullish on Solana, a competitor to the smart contract platform Ethereum.

“Only a few key levels before all-time high. Still think this is a good one for the next several months.”

At the time of writing, Solana is trading at $180.

Altcoin Sherpa is also optimistic about Core (CORE), a project that aims to be a hyper-scalable complementary smart contract platform to Bitcoin (BTC).

“I think this is going to be ok now. 200-day EMA tested, let’s go higher.”

At the time of writing, CORE is trading at $1.32.

However, the trader is less bullish on the layer-1 project Toncoin (TON) in the medium term, although he says he still has a positive long-term outlook for the asset.

“One of the strongest coins on the market the last few months looks a bit iffy in the mid-term. Wondering if that $5 level (200-day EMA) is going to get tested in the coming weeks.

Still think TON has a lot of opportunity though this cycle and long-term bullish.”

At the time of writing, TON is trading at $6.62.

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