Forget Bitcoin. According to a popular analyst, this is The Altcoin Posed for an 85% Moonshot. Plus, his latest entry on BTC and the dogwifhat craze.
The medicine-giving oracle in the lands of crypto, Altcoin Sherpa, with 245,800 X followers, just exploded with a discovery: Hyperliquid (HYPE) is NOT just one more altcoin; it is a rocket ship meant for liftoff. His target? $50 and plus. Get your seat belt fastened.
HYPE: Charts are screaming “take notice!” I’m still sitting on the sidelines, having zero HYPE in my bag; but still, I remain a vocal bull. This project ranks among the top contenders. However, for a buyright now, current market conditions have a pause effect on me; but keep my words: $50+ is on its horizon.
Source: Altcoin Sherpa/X
The crypto scene is abuzz with excitement on account of one trader forecasting a scintillating rally in HYPE to $50, 85% up from its current price. The exact timing remains an intriguing mystery, but for the time being, HYPE has made quite a splash at $27.50. In fact, within 24 hours, it had zoomed 10.5%, stirring the pot and leaving investors wondering if this is just the beginning.
The waves of whispering sounds from the crypto oracle: It’s time to brace oneself for a dip in Bitcoin and altcoins before June. Opportunity lies ahead for the wise, while fear paralyzes the unprepared.
“Are you playing the long game? The max weapon in your arsenal right now would be patience. As to me, I am betting on the near-term dip of Bitcoin into low-to-mid $90,000s; with altcoins falling further by an additional 20-30% (if not more) from their recent highs, the streets will run in panic. That shall be the exact moment seasoned investors will hear opportunity knocking.”
Source: Altcoin Sherpa/X
The price of bitcoin flirts with almost $104K. The king of crypto found an upsurge of 1.6% in the last 24 hours and is now trading at $103,950.
Sherpa closes his analysis spotlighting the memecoin WIF, hinting at reversal points that could ignite traders’ interest.
“Dips forming across the board – throwing looks at few coins for a bounce play. WIF’s got my eye; could be a springboard somewhere around $0.90. This might be where things get interesting.“
Source: Altcoin Sherpa/X
WIF, the darlings of meme coins, are bullish. Charts suggest a possible dip to $0.90 by month’s end and a great rebound thereafter. Being around $1.12 now, WIF has gone up 10.5% today, making traders wonder if this is the calm before the storm or another big rally. Watch out; the dog may pull out another trick.
Generated Image: Midjourney
Thanks for reading Analyst Says Top-20 Altcoin Primed To Explode by 85%+ Eventually Updates Outlook on Bitcoin and dogwifhat
