Bitcoin

Sherpa

Dogecoin

Tellor

<div class="dailyhodl">
 <p>A crypto analyst says an under-the-radar altcoin could undergo steep correction after surging by triple-digit percentage points since June.</p>
 <p>The pseudonymous trader Altcoin Sherpa says he believes the blockchain oracle altcoin Tellor Tributes (TRB) will be one of the “best coins” to short over the coming months.</p>
 <div class="code-block code-block-055f5289fd7e731bb72be7c5a19d18ed code-block-1">  
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 <p>Altcoin Sherpa predicts TRB will “go all the way back down” while attaching a chart showing a target price of around $14.</p>
 <figure style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="css-9pa8cd" draggable="true" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/F8KSBnBWUAEdS0w?format=png&amp;name=4096x4096" alt="Image" width="2475" height="1221">
  <figcaption class="wp-caption-text">
   Altcoin Sherpa/X
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 </figure>
 <p>Tellor is trading at $45.90 at time of writing, up about 373% from the price of $9.70 recorded on June 12th.</p>
 <p>Turning to Bitcoin (BTC), the pseudonymous analyst says&nbsp;the flagship crypto asset is likely to trade without a clear direction for months before the “fun” begins.</p>
 <p><i>“I think we’re still in a period of heavy chop with no true breakout yet. Reminds me a lot of 2019, where prices traded up and down, above and below the 200-day EMA (exponential moving average) with weird spikes everywhere.</i></p>
 <p><i>Still think that 2024 – 2025 is the time for fun, try to survive until then.”</i></p>
 <figure id="attachment_262574" aria-describedby="caption-attachment-262574" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-262574 size-large" src="https://cdn.thebittimes.com/images/2023/10/14/f3c19a960b34bd35028c364f0b2c1d7a.webp" alt="" width="1024" height="https://cdn.thebittimes.com/images/2023/10/14/177d89b0d93036bca78c1df0658d9eb5.webp" srcset="https://cdn.thebittimes.com/images/2023/10/14/177d89b0d93036bca78c1df0658d9eb5.webp 2047w, https://cdn.thebittimes.com/images/2023/10/14/177d89b0d93036bca78c1df0658d9eb5.webp?resize=300,https://cdn.thebittimes.com/images/2023/10/14/177d89b0d93036bca78c1df0658d9eb5.webp 300w, https://cdn.thebittimes.com/images/2023/10/14/177d89b0d93036bca78c1df0658d9eb5.webp?resize=768,https://cdn.thebittimes.com/images/2023/10/14/177d89b0d93036bca78c1df0658d9eb5.webp 768w, https://cdn.thebittimes.com/images/2023/10/14/177d89b0d93036bca78c1df0658d9eb5.webp?resize=1024,https://cdn.thebittimes.com/images/2023/10/14/177d89b0d93036bca78c1df0658d9eb5.webp 1024w, https://cdn.thebittimes.com/images/2023/10/14/177d89b0d93036bca78c1df0658d9eb5.webp?resize=1536,https://cdn.thebittimes.com/images/2023/10/14/177d89b0d93036bca78c1df0658d9eb5.webp 1536w, https://cdn.thebittimes.com/images/2023/10/14/177d89b0d93036bca78c1df0658d9eb5.webp?resize=750,https://cdn.thebittimes.com/images/2023/10/14/177d89b0d93036bca78c1df0658d9eb5.webp 750w, https://cdn.thebittimes.com/images/2023/10/14/177d89b0d93036bca78c1df0658d9eb5.webp?resize=1140,https://cdn.thebittimes.com/images/2023/10/14/177d89b0d93036bca78c1df0658d9eb5.webp 1140w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption id="caption-attachment-262574" class="wp-caption-text">
   Altcoin Sherpa/X
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 </figure>
 <p>Bitcoin is trading at $26,821 at time of writing.</p>
 <p>Next up is Dogecoin (DOGE). While attaching a chart showing DOGE is on the verge of retesting a support level that has held for over 14 months, Altcoin Sherpa says that he is not seeing any opportunistic movements for the flagship memecoin.</p>
 <figure id="attachment_262574" aria-describedby="caption-attachment-262574" style="width: 100%" class="wp-caption alignnone"><img decoding="async" loading="lazy" class="wp-image-262574 size-large" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/F8KNsiPWoAEp3aV?format=png&amp;name=small" alt="" width="1024" height="https://cdn.thebittimes.com/images/2023/10/14/177d89b0d93036bca78c1df0658d9eb5.webp">
  <figcaption id="caption-attachment-262574" class="wp-caption-text">
   Altcoin Sherpa/X
  </figcaption>
 </figure>
 <p>Dogecoin is at $0.0580 at time of writing.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/trader-says-altcoin-that-s-exploded-370-in-four-months-may-soon-witness-steep-correction-updates-outlook-on-bitcoin-and-dogecoin-tbt66324.html">https://thebittimes.com/trader-says-altcoin-that-s-exploded-370-in-four-months-may-soon-witness-steep-correction-updates-outlook-on-bitcoin-and-dogecoin-tbt66324.html</a></p>

Trader Says Altcoin That’s Exploded 370% in Four Months May Soon Witness Steep Correction, Updates Outlook on Bitcoin and Dogecoin

TheBitTimes

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