Ripple and Dogecoin are two of the most popular cryptocurrencies in this bull market. Both tokens’ surge in price after such a prolonged period of inactivity has created a positive market environment, encouraging investors to fully explore the coins. Here is how the two tokens will perform in the coming months. Are they going to both rise or fall? Find out.
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Forecast for Ripple price in Mid-December
The new bullish trend is allowing Ripple to flourish. Recently, the token reached the $2 mark. This is a price that it has sought for many years. There are many factors that have contributed to the recent XRP rise, but one is the exit of Gary Gensler from the US SEC in January 2024. At the same, there is an upcoming transformation in the US with the pro crypto-Trump government taking power. This has had the most positive impact on the market.
Wisdom Tree filed for a XRP-ETF, giving it a fresh surge. CoinCodex predicts that XRP will reach $2.49 in price by December 15, 2020.
The price may then stabilize and reach $2.03 by December 2024.
“According to our current XRP price prediction, the price of XRP is predicted to drop by -24.66% and reach $ 2.03 by January 2, 2025. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 80 (Extreme Greed). XRP recorded 20/30 (67%) green days with 47.13% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.“
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Dogecoin Predictions for the Mid-December
Dogecoin, another popular cryptocurrency has recently been in the spotlight. Dogecoin’s new high price is due to its close relationship with the Musk and Trump duo, as well as the newly established DOGE department. Dogecoin’s price has been predicted to reach the $1 mark in December 2024 by several analysts.
A leading CEO crypto analyst took to X at the same time to explain how Doge could reach $15, a price that is highly ambitious if the macro-support continues until 2025.
The Persistence of the People CoinCodexDogecoin could reach $0.39 by December 15
The price may then stabilize, and continue to rise at the same rate until December 2024.
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to drop by -6.14% and reach $0.393274 by January 2, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 80 (extreme greed). Dogecoin recorded 20/30 (67%) green days with 28.10% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”
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Source: watcher.guru
