Altcoin Sherpa, a well-known cryptocurrency analyst, has expressed his optimism about a leading memecoin while also sharing his thoughts on two other digital assets. With a sizable following of 219,000 on the popular social media platform X, Altcoin Sherpa believes that Dogecoin (DOGE) has the potential to reach a price of over $0.50 in the next six to 12 months. This projection indicates a potential gain of more than 275% from its current level.

While acknowledging that DOGE may not generate the same returns as in previous cycles due to its market capitalization, Altcoin Sherpa still considers it a worthwhile investment for those with substantial holdings who want to capture some of the meme mania.

As of now, DOGE is trading at $0.133.

Moving on to Bitcoin (BTC), Altcoin Sherpa believes that the leading cryptocurrency appears strong after successfully retesting resistance at around $65,000 and turning it into support. Based on this observation, he predicts that Bitcoin will soon test the $70,000 range.

Currently, Bitcoin is trading at $67,730.

Shifting the focus to the payment protocol XRP, Altcoin Sherpa expresses a bullish sentiment towards this altcoin as it has surpassed its resistance at $0.58. The trader notes that XRP looks quite strong based on the chart analysis.

According to Altcoin Sherpa’s chart, the next resistance level for XRP is expected to be around $0.75.

At present, XRP is trading at $0.597.

It’s important to note that the opinions expressed by Altcoin Sherpa are not investment advice. Investors are advised to conduct their own research and due diligence before engaging in high-risk investments in Bitcoin, cryptocurrency, or digital assets. All transfers and trades are undertaken at one’s own risk, and any potential losses incurred are the responsibility of the individual investor. The Daily Hodl, where this information was sourced from, does not endorse the buying or selling of any cryptocurrencies or digital assets, nor do they act as investment advisors.