Ripple (XRP) and Dogecoin (DOGE) are the top cryptocurrencies attracting significant attention this bull season. The fact that both tokens can rise after a long period of inactivity has introduced an overall positive aspect to the market domain, enticing investors to explore them to the fullest. Now that December has started, here is how both tokens may perform in terms of price. Will they both surge or collapse? Let’s find out.
Also read: Amazon Stock (AMZN) Outpaces Dow: Up 20% in 3 Months
Ripple Price Forecast for Mid-December
Ripple (XRP) is currently thriving in the new bullish momentum. The token recently claimed the price of $2, a coveted price level that the token has been targeting for years. Several factors are driving the current rise in XRP prices, among them the departure of current US SEC Chairman Gary Gensler in January 2024. At the same time, the United States is experiencing a transformative change with the pro-crypto-Trump regime taking power, which had the most optimistic impact on the market.
On top of that, Wisdom Tree filed for an XRP ETF, giving the token another push to bet on. According to CoinCodex, XRP could reach the price of $2.49 by December 15, 2024.
It could then stabilize to reach the $2.03 mark by the end of December 2024.
“According to our current XRP price prediction, of fear and greed displays 80 (extreme greed). XRP recorded 20/30 (67%) green days with price volatility of 47.13% over the last 30 days. Based on XRP predictions, now is a good time to buy XRP.“
Also read: Microsoft: Could Bitcoin Shift Lead MSFT to Record 2025?
Dogecoin Price Prediction for Mid-December
Dogecoin is another prominent cryptocurrency that has gained attention recently. The token’s close association with the Musk-Trump duo and the newly inaugurated DOGE department has led Dogecoin to reach new price highs. Several cryptocurrency analysts have made bullish price predictions for Doge, adding that the token has the potential to reach the price of $1 by December 2024.
At the same time, a CEO of a leading crypto analyst spoke to X to explain how Doge can reach $15, a very ambitious price if its macro support holds until 2025.
By CoinCodexDogecoin can reach the $0.39 mark by December 15.
It could then stabilize and maintain its current price pace throughout December 2024.
“According to our current Dogecoin price prediction, Dogecoin price is expected to decline -6.14% and reach $0.393274 by January 2, 2025. According to our technical indicators, the current sentiment is bullish while the Fear and Greed Index displays 80 (extreme greed). Dogecoin has recorded 20/30 (67%) green days with a price volatility of 28.10% over the last 30 days. Based on Dogecoin predictions, now is a good time to buy Dogecoin.
Also read: Cryptocurrency: Top 3 Coins for Stable Future Earnings