Trader Says Altcoin That’s Up Over 20x in Under Five Weeks Still Has Upside, Updates Outlook Dogecoin and Pepe
A closely followed crypto analyst believes that one red-hot Solana ( SOL )-based memecoin still has more upside potential.
Pseudonymous analyst Altcoin Sherpa tells his 228,800 followers on the social media platform X that Goatseus Maximus ( GOAT ) may soon break out of the upper bound of a trading range.
“GOAT got flipped by Act I:The AI Prophecy (ACT) briefly but still feel like it has greater upside in the longer term. Consolidation at this area between $0.75 and $1 is a decent spot to get in my opinion. Still feel this goes to higher targets (I have a bag).”
Source: Altcoin Sherpa/X
GOAT is trading for $0.907 at time of writing, a more than 20x gain from its low of $0.0435 on October 13th.
Next up, the analyst is turning bullish on Pepe ( PEPE ) after the memecoin bounced after a retest of the $0.00001897 Fibonacci retracement level.
“I’m long PEPE again and already up 12%. I never got filled on my lower bids and finally just aped around $0.000022. I’m pretty much only using funding rates plus technical analysis as a signal. You guys are aping too much/we see some shake out/funding resets and then I long. The end.”
Source: Altcoin Sherpa/X
PEPE is trading for $0.0000224 at time of writing, up 23.5% in the last 24 hours.
Lastly, he says Dogecoin ( DOGE ) may rally but its relatively large size market cap means other memecoins have the potential to put up much larger gains this cycle.
“DOGE is a great meme and I do agree this one is a strong one. Target wise, I have no idea, but it should still have a few x left in it. Are you going to get rich doing this at this market cap? Probably not. But if you’re a whale and want to size in, this is a decent one in my opinion.”
DOGE is trading for $0.39 at time of writing, up 3.3% in the last 24 hours.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inboxCheck Price Action
Follow us on X , Facebook and Telegram
Surf The Daily Hodl Mix
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump and Wall Street: How long will the love affair last?
Share link:In this post: Wall Street loved Trump’s win at first—stocks jumped, Bitcoin soared, and borrowing costs hit rock bottom, but some sectors started cracking fast. Tax cuts and deregulation made financial and energy stocks shoot up, but tariffs and plans to deport workers freaked out economists and markets. Tariffs mean higher prices for Americans, and even Walmart’s warning it’ll have to raise prices if Trump pushes through with his trade war.
The clash of Bitcoin and benchmark stock indexes
Share link:In this post: The S&P 500 is up 25% this year, with financial and cyclical stocks leading, boosted by optimism around a Trump administration and steady economic growth. Bitcoin has surged 40% this month, nearing $100,000, driven by aggressive trading, retail investor enthusiasm, and headlines hinting at government support. MicroStrategy’s stock hit a $100 billion market cap, tripling its Bitcoin holdings’ value, but its wild 32% drop from intraday highs shows cracks in the frenzy.
Ethereum price rises with market recovery
Google AI Gemini Predicts $4500 Price Target For ETH in December, This Cat Meme Coin is Already Pumping
Trending news
MoreCrypto prices
More
