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Ripple (XRP) & Dogecoin (DOGE) Price Prediction For Mid-December 2024

December 3, 2024
in Altcoin
Reading Time: 8 mins read
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Ripple (XRP) & Dogecoin (DOGE) Price Prediction For Mid-December 2024
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Ripple (XRP) and Dogecoin (DOGE) are the leading cryptocurrencies attracting significant attention this bull season. The fact that both the tokens could surge after a long period of inactivity ushered in an overall positive aspect within the market realm, enticing investors to explore them to the fullest. Now that the month of December has begun, here’s how both the tokens may perform price-wise. Will they both surge or tank? Let’s find out.

Also Read: Amazon Stock (AMZN) Outpaces Dow: Surges 20% in 3 Months

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Ripple Price Prediction for Mid-December

XRP
Source – Trackinsight

Ripple (XRP) is currently thriving in the new bullish momentum. The token has recently claimed the $2 price mark, a coveted price level that the token has been targeting for years. There are multiple factors driving the current XRP price rally, one of which includes the current US SEC chair Gary Gensler’s exit in January 2024. At the same time, the US is undergoing a transformative change with the pro-crypto-Trump regime taking over, which has impacted the market most optimistically.

In addition to this, Wisdom Tree has filed for an XRP ETF, giving the token a new surge to bank on. Per CoinCodex, XRP may surge to hit the $2.49 price mark by December 15, 2024.

Image: CoinCodex

It may later stabilize to claim the $2.03 mark by the end of December 2024.

Image: CoinCodex

“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.“

Also Read: Microsoft: Could Bitcoin Shift Lead MSFT to Record 2025?

Dogecoin Price Prediction for Mid-December

DogecoinDogecoin
Source – Bitcoinist

Dogecoin is another leading cryptocurrency that has been grabbing central spotlights as of late. The token’s close association with the Musk-Trump Duo and the newly inaugurated DOGE department has led Dogecoin to touch new price highs. Several cryptocurrency analysts have made bullish price predictions for Doge, adding how the token has the potential to claim the $1 price mark by December 2024.

At the same time, a leading crypto analyst CEO took to X to share how Doge can hit $15, a highly ambitious price mark if its macro support holds till the year 2025.

Per CoinCodex, Dogecoin can hit the $0.39 mark by December 15.

Image: CoinCodex

It may later stabilize and maintain its current price pace throughout December 2024.

Image: CoinCodex

“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.”

Also Read: Cryptocurrency: Top 3 Coins For Stable Future Gains

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