The famous crypto analyst predicts what the future levels are for Dogecoin (DOGE), Solana (SOL) and the popular altcoin FTT. We scrutinize Altcoin Sherpa, a popular crypto trader and analyst, on the leading memecoin Dogecoin (DOGE), smart contract platform Solana (SOL), and another big-cap altcoin, FTT, at Cryptokoin.com.
Forecasts for Doge and Solana
The pseudonymous analyst known as Altcoin Sherpa tells his 170,000 followers that he has his eye on Dogecoin and expects more downside moves before considering pulling the trigger on DOGE. Altcoin Sherpa quotes “DOGE: Honestly, probably a good buy at 0.05.” If analyst expectations come true, DOGE will collapse another 54% before finding support and potentially starting another bull run.
When it comes to Solana, Altcoin Sherpa says it’s still undecided on SOL. According to him, a recent shakedown to the downside is a possible scenario, but the $80 range could act as a solid accumulation range. Analyst says on the subject:
LEFT: Undecided whether this is a bottom, short term bottom seems possible but I’m still waiting for 1 potential final shrug. I personally think it’s a good idea to start scaling a little around 80 but there is no change in the market structure yet.
bullish for FTT
The analyst has also locked his radar on FTT, the utility token on crypto exchange FTX. While FTT has been mostly sideways trading for a while, Altcoin Sherpa says it may be reluctantly bullish on the altcoin as it thinks the token is in an accumulation zone. “FTT: How does your stablecoin feel? Kidding aside, this 1 has held up much better than many other altcoins. “I still don’t like buying this thing, but I have to admit it seems like a savings.” As for
Bitcoin, the analyst said BTC’s $34,000 to confirm the downtrend, or $46,000 to confirm a new bull run as the flagship crypto asset continues to trade in a compressed pattern. He says he expects it to break the dollar. The analyst said, “I do nothing until BTC: 34k or 46k breaks down. Here comes the big compression, the big movement.”
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