Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Crypto analyst Altcoin Sherpa recently outlined five altcoins that could provide crypto investors and traders with significant gains. He noted that these coins were looking \u201cpretty strong\u201d at the moment despite a lot of other tokens looking like \u201ccrap.\u201d Five Altcoins To Keep An Eye On In an X (formerly Twitter) post, Altcoin Sherpa mentioned Injective, Wormhole, JasmyCoin, Stacks, and Toncoin as the altcoins that are looking strong at the moment. He revealed that he has eyes on these coins and is looking to actively trade them at some point. In a series of other X posts, he explained why he believed some of these coins were strong.\u00a0 Related Reading: Crypto Analyst Predicts 800% Rally To $6,000 For BNB, Here\u2019s The Timeline In one X post, he talked about Wormhole and claimed that it was one of the strongest coins. He advised traders to keep an eye on it if they are actively trading. He further revealed that he would be looking to buy Wormhole if it breaks out. He added that if Wormhole pulls back strongly, it will likely continue to trade within its current range as it is not ready for that \u201cbig move.\u201d In another X post, Altcoin Sherpa touched on JasmyCoin and stated that the coin is \u201cextremely strong,\u201d seeing as it didn\u2019t \u201cbudge\u201d despite the pullbacks in the crypto market. He claimed that JasmyCoin could rise to as high as $0.067 before it experiences any significant pullback. He added that he wasn\u2019t actively trading it, but it is one to watch.\u00a0 Altcoin also provided insights into Toncoin\u2019s price action, which he claimed was \u201cweird,\u201d with the top end being a supply zone and its price pulling back. However, he remarked that he is still bullish on the coin because it is enjoying a lot of attention, mainly thanks to Notcoin. The analyst views the $6 price range as a level to bid for anyone who believes that Toncoin will still break past its previous highs.\u00a0 Altcoin Sherpa also seems bullish on Notcoin. He recently claimed that he has changed his mind about the token since its price action has calmed down and there is less volatility. He highlighted the consolidation pattern that has formed on Notcoin\u2019s chart, which suggests that it is still primed for major moves to the upside.\u00a0 A Meme Coin To Watch Out For Altcoin Sherpa is also bullish on Dogecoin and suggests that it is a meme coin to watch out for. He noted that Dogecoin is still looking pretty good on the high-time frame charts despite many memes looking choppy in the short term. He added that he expects Dogecoin to still do \u201cbig numbers\u201d later in the year.\u00a0 Related Reading: Major Bitcoin Metric Breaks 3-Month Downtrend Amid Bullish Network Recovery For now, he revealed that he is still expecting more chops for the next stretch and that he won\u2019t be rushing to buy any fresh positions for Dogecoin at its current price level. Altcoin Sherpa had previously predicted that Dogecoin would eventually rise to as high as $1 in this market cycle as it still has a lot of firepower.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":616541,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[85876,3],"tags":[134,138,142,89606,167,6664,26263,14690],"class_list":["post-615409","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","category-news","tag-altcoin","tag-altcoin-news","tag-altcoins","tag-altcoins-news","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news"],"acf":[],"yoast_head":"\n
Crypto Analyst Identifies 5 Altcoins To Buy That Could Be A Good Bet<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n