Altcoin Sherpa, a well-known cryptocurrency analyst, is expressing his optimism for a popular memecoin while also sharing his thoughts on two other digital assets.

Altcoin Sherpa, who goes by a pseudonym, has a large following of 219,000 individuals on the social media platform X. He believes that over the next six to 12 months, Dogecoin (DOGE) could potentially reach a price of over $0.50. This would represent a significant gain of more than 275% from its current level.

While acknowledging that DOGE may not experience the same level of returns as in previous market cycles due to its market capitalization, Altcoin Sherpa still considers it a valuable coin to have, particularly for those with substantial investments who want to partake in the meme mania.

As of now, DOGE is trading at $0.133.

Moving on to Bitcoin (BTC), Altcoin Sherpa believes that the leading cryptocurrency is showing strength after successfully testing resistance at around $65,000 and turning it into support. He predicts that BTC will now aim to test the $70,000 range.

At the time of writing, Bitcoin is trading at $67,730.

Altcoin Sherpa’s attention then shifts to XRP, a payment protocol. He sees bullish signs for this altcoin after it surpassed its resistance at $0.58. According to Altcoin Sherpa, XRP appears to be in a strong position.

Based on the trader’s chart analysis, it seems that the next resistance level for XRP is expected to be around $0.75.

Currently, XRP is trading at $0.597.

In conclusion, Altcoin Sherpa provides his insights and predictions for three cryptocurrencies. However, it is important to note that the opinions expressed are not investment advice. Investors are advised to conduct their own research and exercise caution when investing in high-risk assets like Bitcoin, cryptocurrency, or digital assets. The Daily Hodl, where this information was sourced, does not recommend buying or selling any cryptocurrencies and is not an investment advisor.