Popular crypto trader and analyst believes that a trio memecoins, including Pepe (PEPE), are gearing for large breakout rallies.
Altcoin Sherpa, a pseudonymous analyst on social media platform X, tells 219100 of his followers that the altcoins based on Ethereum (ETH), such as PEPE; and Solana-based tokens like dogwifhat and Popcat based upon Solana’s (SOL), are threatening their current resistance levels.
The next step is “Big-cap” memes. PEPE, WIF, POPCAT.”
According to the chart of the trader, it appears that PEPE is about to break after rising above $0.0000128 resistance. PEPE was worth $0.0000128 at the time this article was written.
The trader seems to indicate that WIF is nearing its diagonal resistance, which hovers around $2.50. WIF was trading for $2.33 as of the time this article.
Altcoin Sherpa suggests that POPCAT should be sold at $0.9389. POPCAT was trading at $0.7339 as of the time this article is written.
He also says he is bullish about Ethereum’s competitor, Solana.
Still think this is a good one for the next several months.” I still think it’s a great one to watch for the coming months .”
Solana’s value is $180 at the time this article was written.
Altcoin Sherpa also has high hopes for Core (CORE), which is a smart contract platform that complements Bitcoin (BTC) and can be scaled to hyper-scale.
I think it’s going to work out now. Let’s move higher .”
CORE currently trades for $1.32.
He is not as bullish about the Layer-1 Project Toncoin in the short term but still has faith in it in the longer run.
One of the most popular coins in recent months is looking a little iffy at the midterm. I’m wondering if the $5 (200-day EMA level) will be tested in coming weeks.
I still think TON is a good investment for the long term.
At the time this article was written, a TON cost $6.62.
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Sources of Images include Pixabay Creative Commons & Midjourney
The post Three Memecoins are loading for the next leg up, updates forecast on Solana and two additional altcoins could be updated as new information is revealed.
