A crypto analyst known as Altcoin Sherpa predicts that Dogecoin (DOGE) and Shiba Inu (SHIB) are poised for significant gains.
DOGE and SHIB: Long-Term Potential
Altcoin Sherpa believes both memecoins have undergone a lengthy accumulation phase and are now ready for a surge. However, he cautions that they are unlikely to reach their previous all-time highs due to their current market capitalization.
“Both DOGE and SHIB have had almost two years in accumulation and I expect both to have huge runs sometime this year in 2024-2025,” he said.
Technical Analysis
Altcoin Sherpa’s chart analysis suggests that SHIB is poised to break above the $0.00001056 level and move towards $0.00001484.
Bitcoin: Dip Expected
The analyst also predicts that Bitcoin (BTC) will experience a pullback after facing resistance around its previous all-time high of $69,000.
“BTC: the next area up is probably $60,000… There should
Worldcoin: Bearish Warning
Altcoin Sherpa warns that the AI-related altcoin Worldcoin (WLD) could decline by over 33% from its current value due to a bearish pattern.
“I think this is going to be one of the best coins to short… This thing dumps hard if the market starts going down,” he said.
