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Crypto
analyst
Altcoin
Sherpa

recently
outlined

five
altcoins

that
could
provide
crypto
investors
and
traders
with
significant
gains.
He
noted
that

these
coins

were
looking
“pretty
strong”
at
the
moment
despite
a
lot
of
other
tokens
looking
like
“crap.”

Five
Altcoins
To
Keep
An
Eye
On

In
an
X
(formerly
Twitter)

post,
Altcoin
Sherpa
mentioned

Injective,

Wormhole,
JasmyCoin,
Stacks,
and

Toncoin

as
the
altcoins
that
are
looking
strong
at
the
moment.
He
revealed
that
he
has
eyes
on
these
coins
and
is
looking
to
actively
trade
them
at
some
point.
In
a
series
of
other
X
posts,
he
explained
why
he
believed
some
of
these
coins
were
strong. 

Related
Reading

In
one

X
post,
he
talked
about

Wormhole

and
claimed
that
it
was
one
of
the
strongest
coins.
He
advised
traders
to
keep
an
eye
on
it
if
they
are
actively
trading.
He
further
revealed
that
he
would
be
looking
to
buy

Wormhole

if
it
breaks
out.
He
added
that
if
Wormhole
pulls
back
strongly,
it
will
likely
continue
to
trade
within
its
current
range
as
it
is
not
ready
for
that
“big
move.”

In
another

X
post,
Altcoin
Sherpa
touched
on
JasmyCoin
and
stated
that
the
coin
is
“extremely
strong,”
seeing
as
it
didn’t
“budge”
despite
the
pullbacks
in
the
crypto
market.
He
claimed
that
JasmyCoin
could
rise
to
as
high
as
$0.067
before
it
experiences
any
significant
pullback.
He
added
that
he
wasn’t
actively
trading
it,
but
it
is
one
to
watch. 

Altcoin
also

provided

insights
into
Toncoin’s
price
action,
which
he
claimed
was
“weird,”
with
the
top
end
being
a
supply
zone
and
its
price
pulling
back.
However,
he
remarked
that
he
is
still
bullish
on
the
coin
because
it
is
enjoying
a
lot
of
attention,
mainly
thanks
to
Notcoin.
The
analyst
views
the
$6
price
range
as
a
level
to
bid
for
anyone
who
believes
that
Toncoin
will
still
break
past
its
previous
highs. 

Altcoin
Sherpa
also
seems
bullish
on
Notcoin.
He
recently

claimed

that
he
has
changed
his
mind
about
the
token
since
its
price
action
has
calmed
down
and
there
is
less
volatility.
He
highlighted
the

consolidation
pattern

that
has
formed
on
Notcoin’s
chart,
which
suggests
that
it
is
still
primed
for
major
moves
to
the
upside. 

A
Meme
Coin
To
Watch
Out
For

Altcoin
Sherpa

is
also
bullish
on

Dogecoin

and
suggests
that
it
is
a
meme
coin
to
watch
out
for.
He
noted
that
Dogecoin
is
still
looking
pretty
good
on
the
high-time
frame
charts
despite
many
memes
looking
choppy
in
the
short
term.
He
added
that
he
expects

Dogecoin

to
still
do
“big
numbers”
later
in
the
year. 

Related
Reading

For
now,
he
revealed
that
he
is
still
expecting
more
chops
for
the
next
stretch
and
that
he
won’t
be
rushing
to
buy
any
fresh
positions
for

Dogecoin

at
its
current
price
level.
Altcoin
Sherpa
had

previously
predicted

that
Dogecoin
would
eventually
rise
to
as
high
as
$1
in
this
market
cycle
as
it
still
has
a
lot
of
firepower. 

Featured
image
created
with
Dall.E,
chart
from
Tradingview.com

Go to Source
Author: Scott Matherson

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