Categories: Uncategorized

KOL Altcoin Sherpa outlines potential buy zone for DOGE, ATOM and LRC

A prominent analyst maps key levels at which Dogecoin (DOGE), Cosmos (ATOM), and Loopring (LRC) could bottom out locally.

Nicknamed the Altcoin Sherpa, the cryptocurrency strategist told his 148,200 Twitter followers that he expected the Dogecoin crypto meme to continue correcting itself on the bitcoin pair (DOGE / BTC).

“Looking for a swing low at 0.00000330 BTC ($ 0.20).”

The source: Altcoin Sherpa / Twitter

At the time of writing, the DOGE / BTC pair is trading at 0.00000396 BTC, valued at $ 0.24.

The next altcoin on the analyst’s radar is Cosmos, a project dubbed the “Internet of Blockchains”. Altcoin Sherpa says the Bitcoin pair (ATOM / BTC) is still correcting towards 0.0004 BTC ($ 24.25).

“ATOM: still quite neutral at the moment. I think it will fall a little more for the BTC pair and even more for the USD pair. “

The source: Altcoin Sherpa / Twitter

Next up is Loopring (LRC), a blockchain that allows anyone to develop a decentralized exchange. Altcoin Sherpa says it will accumulate more LRC if it drops to $ 2.48 and $ 2.07.

“LRC: I’m comfortable with this altcoin. I’m bidding slightly lower for the Fib levels 0.382 and 0.50.

The source: Altcoin Sherpa / Twitter

On Bitcoin, the analyst says a compelling move below $ 60,000 while remaining bullish on the benchmark cryptocurrency could catalyze a major sell-off event.

“The bad thing is that this $ 60,000 zone has been tested so many times in a short period of time. If $ 60,000 is lost, a rapid downward move towards $ 50,000 is likely. The low, which hit the highest high, is at $ 40,000. As long as this level is maintained, I will remain optimistic in the long term. “

The source: Altcoin Sherpa / Twitter

You can see the price of the coin Here.

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.

SN_Nour

According to Dailyhodl

Follow the Youtube Channel | Subscribe to telegram channel | Follow Facebook page

CoinX

Recent Posts

Dtec Announces Global Partnership with DİZAYNVIP to Elevate AI-Driven Mobility Design  

Dtec and DİZAYNVIP partner to merge AI technology with luxury vehicle design, revolutionizing smart mobility…

22 mins ago

Bitcoin Spot ETF Outflows Reach Second Highest in History

Bitcoin Spot ETF Outflows hit $541M on November 4, the second-highest single-day outflow in history.…

4 hours ago

PropiChain’s Token Presale Turns Heads as the First DeFi Platform to Merge NFTs with AI 

The hype around PropiChain’s token presale is due to its innovative integration of NFTs and…

7 hours ago

UK Pension Fund Cartwright Encourages 3% Allocation to Bitcoin Investment

UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…

9 hours ago

Crypto PAC Fairshake Continues to Boost 2026 Election With Support from a16z

a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly…

10 hours ago

Bitcoin, Ethereum, And Solana Lead Crypto Market, But Not For Long With New AI Altcoin With 30,000% Potential, Expert Says

Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…

13 hours ago

This website uses cookies.