Analyst Predicts Breakout Rallies for Dogecoin (DOGE) and Two Solana-Based Memecoins – Here’s His Forecast

Analyst Predicts Breakout Rallies for Dogecoin (DOGE) and Two Solana-Based Memecoins – Here’s His Forecast

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A closely followed crypto strategist thinks that three memecoins are gearing up to witness breakout surges.

Pseudonymous analyst Altcoin Sherpa tells his 213,200 followers on the social media platform X that he sees top memecoin Dogecoin (DOGE) igniting an over 50% rally from current levels after moving above its resistance at $0.195.

“DOGE: On its road to $0.33.

Other memes still doing great.

DOGE isn’t going to give you the returns of the others but you can size up on it which is nice.”

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Source: Altcoin Sherpa/X

At time of writing, DOGE is trading for $0.206, a fractional increase in the past day.

Another coin on the analyst’s radar is the Solana (SOL)-based memecoin BOOK OF MEME (BOME). Altcoin Sherpa says it might take some time but he sees BOME taking out its immediate resistance at $0.0152.

“BOME: I think [it] goes to $0.018 eventually.”

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Source: Altcoin Sherpa/X

At time of writing, BOME is worth $0.0155, up over 12% in the last 24 hours.

The last memecoin on the trader’s list is dogwifhat (WIF). According to Altcoin Sherpa, he sees WIF rallying to new all-time highs if it takes out the 1.618 Fibonacci level at $4.57.

“WIF: amazing moves for this one, congrats for everyone who rode this hard. I don’t have any targets to be honest. Maybe $5.70 is next up if it can sustain this move.”

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Source: Altcoin Sherpa/X

At time of writing, WIF is worth $4.37.

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