Ripple (XRP) and Dogecoin (DOGE) are the leading cryptocurrencies in this bull market. The fact that both tokens can surge after a long period of inactivity brings an overall positive side in the market space, attracting investors to fully explore them. Now that December has begun, here is the performance of these two tokens in terms of price. Will they all rise or fall? Let's take a look.
Mid-December Ripple price forecast
Ripple (XRP) is currently booming in the new bullish momentum. The token recently announced a price of $2, the coveted price level the token has been targeting for years. One of the many factors driving the current XRP price rise, including the departure of current Securities and Exchange Commission Chairman Gary Gensler in January 2024. Meanwhile, the United States is undergoing a revolution as the pro-crypto Trump administration takes over, which has the most optimistic impact on markets.
In addition, Wisdom tree also applied for XRP ETF, giving the token a new growth point. According to CoinCodex, XRP prices could soar to $2. 49 by December 15,2024.
It could stabilize at the end of December 2024 to the level of $2. 034.
"Based on our current XRP price forecast, by January 2,2025, the XRP price is expected to fall by-24. 66% to $2. 03. According to our technical indicators, current sentiment is bullish, fear and; greed index shows 80 (extreme greed). XRP recorded 20 / 30 (67%) of green days, and the price volatility for the past 30 days was 47. 13%. According to the XRP forecast, now is a good time to buy the XRP.“
Dogecoin price forecast for mid-December
Dogecoin is another leading cryptocurrency that has been gaining attention lately. The token's close ties with the Musk-Trump duo and the new DOGE division have led to new record highs. Several cryptocurrency analysts have made optimistic predictions for Doge's price, adding that the token could reach $1 by December 2024.
Meanwhile, a leading cryptocurrency analyst CEO shared on X how Doge reached $15, a very ambitious price if its macro support continues into 2025.
For every CoinCodex, Doggie coins could reach the $0. 39 mark on December 15.
It is likely to stabilize and remain at its current price pace in December 2024.
"Based on our current Dogecoin price forecast, the price is expected to fall by-6. 14% to $0. 393,274 by January 2,2025. According to our technical indicators, current sentiment is bullish, fear and; greed index shows 80 (extreme greed). Dogecoin has recorded 20 / 30 (67%) of green days over the past 30 days, with a price volatility of 28. 10%. According to the dogecoin forecast, now is a good time to buy dogecoin.”