Sherpa Leans Bullish on Hyperliquid (HYPE), Outlines the Path Forward for XRP, Cardano (ADA) and Dogecoin (DOGE)

The analyst pseudonymously known as Sherpa tells his 239,700 followers on the social media platform X that the utility token of the decentralized

A widely followed crypto analyst is predicting big gains for a top-30 altcoin.

The pseudonymous analyst known as Sherpa has a large following on social media, with 239,700 followers on the platform X. He recently shared his thoughts on four different crypto assets, including XRP (XRP), Cardano (ADA), Dogecoin (DOGE), and the utility token of the decentralized open financial system, Hyperliquid (HYPE).

According to Sherpa, XRP is showing strength as it sits just below its all-time high. However, he believes that XRP is not at an ideal level for long entries.

“For what it’s worth, I don’t actually recommend you buy more at this current position. It’s at former all-time high and this is a natural retracement point. Think you should be patient with it. I’m going to wait a bit before adding and hope it dips.”

Next up is Cardano (ADA). The analyst says Cardano appears “pretty strong” on the weekly time frame and could continue to go up as long as other first-generation altcoins continue to appreciate.

Finally, Sherpa has his eyes on the largest memecoin by market cap, Dogecoin (DOGE). According to the analyst, DOGE “looks strong still.”

Sherpa believes that Dogecoin could trade in a range for a while before revisiting the 42-month high of around $0.485 reached in December.

“Still looks strong on the weekly. I think it just trades in a range here for a bit before making another attempt (if it wants to) at the 42-month high around 48 cents. We’ll see if it gets there, but I’m still bullish on DOGE later this cycle. Maybe it’ll surprise us all.”

At the time of writing, the price of Hyperliquid (HYPE) is trading at $23.16, while the price of Dogecoin (DOGE) is trading at $0.412.