A popular analyst is providing price target updates for a handful of crypto assets as the markets fight to wrap up the week in positive territory.
![Dogecoin [DOGE] to rise beyond 40%? Whale activity may spur rally](https://crypto.newswireservice.net/wp-content/uploads/2023/02/doge-wale-1000x600-120x86.jpg)
The pseudonymous trader known as Altcoin Sherpa tells his 181,400 Twitter followers that after a week of choppy downward price movement, he still believes Bitcoin (BTC) has enough strength to recapture $28,000 in the near future.
“Still expecting this low to hold for now. Would like to see a sustainable higher high coming, still going to assume $28,000 is coming until shown otherwise.”
Bitcoin is trading even on the day, but at $23,430, it remains down 7% from its weekly high of $25,203.
The chart guru next examines Ethereum (ETH) against the Bitcoin trading pair, calling attention to May of 2021 and January of this year where ETH was also worth around 0.082400 BTC.
“What do we think, will this go to the highs? ETH/BTC has still shown incredible strength.
Although I think the bulk of the merge narrative is done, this could still go to the highs.”
Ethereum is currently up by 2.45% and trading for $1,866, while against Bitcoin it’s worth 0.078573 BTC.
Next on the analyst’s radar is BNB, native token of the popular crypto exchange Binance. Altcoin Sherpa highlights the $260 to $322 price range dating back to last October while saying he’s eyeing a potential fall back to around $250.
“Mid-$200s could be interesting here on this one, it’s still one of the best performing alts overall.”
In recent days, BNB has slowly given up some of the big gains it made from late July through the weekend. It’s down 7.7% from a Sunday high of $331.08 and is currently trading for $305.39.
Moving on to dog-themed meme coin Shiba Inu (SHIB), the analyst says that he expects another rally from the Dogecoin (DOGE) competitor if Bitcoin and Ethereum don’t falter.
“I’m still in my position and I still think another…
![Dogecoin [DOGE] to rise beyond 40%? Whale activity may spur rally](https://crypto.newswireservice.net/wp-content/uploads/2023/02/doge-wale-1000x600-350x250.jpg)
