Bitcoin is finally stepping out of the shadows, as this token reaches a new high price of $88,000. As BTC surges to new highs, its rise to new price levels opens up an incredible bull market phase, a period that yields attractive profits for investors if they know how to navigate the market well. Below are three top coins that investors must explore to make the most of this enticing bull phase.
1. Bitcoin (BTC)
Bitcoin will top this list as the first cryptocurrency, mainly due to its stable price momentum. This token is heading towards $100,000 with the prediction that it will reach the mentioned price before the end of this year. At the same time, as Trump takes over the White House, his pro-cryptocurrency stance could continue to positively impact BTC, helping it soar at a rapid pace.
According to CoinCodex, BTC could reach the coveted price of $106 by the end of this month if the upward momentum is strong enough to support BTC's strength and will.
“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to increase by 21.43% and reach $106,024 by December 13, 2024. According to our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 84 (Extreme Greed). Bitcoin has recorded 18/30 (60%) green days with a price volatility of 7.36% in the past 30 days. Based on the Bitcoin forecast, now is a good time to buy Bitcoin.”
2. Dogecoin (DOGE)
Dogecoin is another notable cryptocurrency set to gain significant momentum in this bull market. Doge is the cryptocurrency favored by Elon Musk, and incredible price surges are often recorded due to Musk whimsically mentioning Doge in his interviews. That being said, Musk is ready to take on a new role as the head of the Government Efficiency Department, or DOGE, which could positively impact Bitcoin's price in the long run.
According to CoinCodex, Doge could trade at around $0.36 by the end of November 2024.
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to decrease by -7.28% and reach $0.360678 by December 13, 2024. According to our technical indicators, the current sentiment is optimistic while the Fear & Greed Index is showing 80 (Extreme Greed). Dogecoin recorded 20/30 (67%) green days with a price volatility of 32.95% in the past 30 days. Based on the Dogecoin forecast, now is a good time to buy Dogecoin.”
3. Ripple (XRP)
Ripple (XRP) is another promising cryptocurrency that one must explore in the current bull market. The Trump presidency has vowed to fire Gary Gensler, the current SEC chairman known for labeling XRP as a security. If Gensler is removed, this will positively impact the overall cryptocurrency sector, with XRP maximizing this development.
According to CoinCodex, XRP could reach a new high of $0.77 by the end of this month if it continues to leverage the current market momentum and speed.
“According to our current XRP price prediction. The price of XRP could increase by 15.37% and reach $0.776372 by December 13, 2024. According to our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 84 (Extreme Greed). XRP recorded 18/30 (60%) green days with a price volatility of 5.53% in the past 30 days. Based on the XRP forecast, now is a good time to buy XRP.”
