Ripple (XRP) and Dogecoin (DOGE) have been making headlines in the cryptocurrency world as they attract significant attention during this bull season. Both tokens have seen a surge in activity after a period of relative inactivity, sparking optimism among investors.
Ripple (XRP) has been particularly thriving in the new bullish momentum, recently surpassing the $2 price mark that it has been targeting for years. Several factors have contributed to the current XRP price rally, including the upcoming exit of US SEC chair Gary Gensler in January 2024 and the pro-crypto stance of the Trump administration. Additionally, the filing of an XRP ETF by Wisdom Tree has provided a new boost for the token.
According to CoinCodex, Ripple (XRP) may continue to surge and hit the $2.49 price mark by December 15, 2024, before stabilizing around $2.03 by the end of the month. The current sentiment for XRP is bullish, with the Fear & Greed Index showing extreme greed.
On the other hand, Dogecoin (DOGE) has also been gaining momentum, thanks to its association with prominent figures like Elon Musk and the newly inaugurated DOGE department. Analysts have made bullish price predictions for Dogecoin, with some suggesting that it could reach the $1 price mark by December 2024.
CoinCodex predicts that Dogecoin could hit the $0.39 mark by mid-December before maintaining its current price pace throughout the rest of the month. The sentiment for Dogecoin is also bullish, with the Fear & Greed Index showing extreme greed.
Overall, both Ripple (XRP) and Dogecoin (DOGE) are expected to continue their upward trajectory in December 2024, with potential for further price increases. Investors are advised to keep a close eye on these tokens as they navigate the volatile cryptocurrency market.