Dogecoin (DOGE) and Ripple (XRP) have recently created bullish momentum. The cryptocurrency market is currently favoring both of these tokens with maximum attention, helping them thrive and gain additional momentum. However, as Bitcoin once again returns to the 92,000 dollar level, will these two coins maintain their current position with strong confidence?
Dogecoin price forecast for December 1st
Dogecoin is currently at 0.38 dollars, down 4% in the last 24 hours. The token has recently dropped sharply as Bitcoin returned to its trajectory, declining back to ultimately trade in the 92,000 dollar range. However, some experts predict that the bull market is not over yet and Dogecoin has a lot to offer in terms of potential price surges that could help the token finally reach the 1 dollar mark. Dogecoin could reach the price of 0.38 dollars by December 1st.
However, this token is expected to rise in price in January or February 2025, helping Doge reach a price of 0.63 dollars.
Ripple price forecast for December 1st
XRP is currently undergoing a major transformation. This token is expected to achieve significant value under the leadership of Donald Trump, who has accomplished one of his key goals of removing Gensler from the position of chairman of the U.S. SEC. Gensler's removal has helped XRP soar past its normal price threshold, as developments may soon hint at the SEC-XRP lawsuit ending positively.
Additionally, the price of XRP is currently experiencing bullish waves as Wisdom Tree, a notable asset management company, recently announced plans to launch an XRP ETF. With such bullish developments in the pipeline, this token is sure to rise higher one way or another. According to CoinCodex, XRP could trade at around 1.57 dollars by December 1st.
This token is expected not to reach the price of 2 dollars by April 2025.