Altcoin Sherpa Predicts More Decline for Dogecoin, Solana to Hit $190 if Resistance Breaks
Crypto analyst Altcoin Sherpa is forecasting further declines for Dogecoin (DOGE), a prominent memecoin.
According to Sherpa, Dogecoin could drop over 10% from its current price, building on its recent 20% decline this month.
Sherpa’s analysis suggests that Dogecoin might continue to weaken, potentially reaching the $0.08 range. Despite this, he notes that it could still be a viable option for long-term investors.
Key support levels for Dogecoin to watch are $0.0998, $0.0855, and $0.0736, with the coin currently trading at $0.101.
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Cardano’s Chаng Hard Fork is Almost Here – Here is What You Need to KnowSherpa also shares insights on Solana (SOL), predicting that it might approach the $190 mark if it manages to break through resistance at approximately $165. He advises that $120 to $150 is a good range for accumulating SOL.
Solana is currently priced at $138.
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.
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