The cryptocurrency market has endured a correction after a strong rally over the past few days. The rally led by Bitcoin (BTC) has pushed several assets to notable highs. Dogecoin (DOGE) has been one of the best performers. As BTC struggles to break above the $90,000 mark, other cryptocurrencies are trying to get back on track. A popular cryptocurrency analyst has revealed various predictions for assets like DOGE and XRP.
Dogecoin's trajectory is affected
The OG meme cryptocurrency, Dogecoin, has surged nearly 90% over the past week and 235% over the past 30 days. DOGE has surged to a high of $0.43. At press time, the asset is trading at $0.3631 after DOGE fell 7.32% over the past 24 hours.
Despite this drop, an analyst named Ash Crypto has revealed a bullish forecast for the meme coin. Ash Crypto predicts that the price of Dogecoin will rise from $1 to $3 in the next six to twelve months. Reaching this level would represent a price increase of between 133% and 600%.
It is worth noting that DOGE is trading 51% below its all-time high of $0.7376. The asset reached this peak about four years ago, in 2021.
Will Ripple Cryptocurrency Hit a New Record High?
The analyst also put a price on Ripple’s XRP. While most assets are in a downtrend, XRP has surged a staggering 16% in the past 24 hours. At press time, the altcoin was trading at $0.8098. This has led to some bullish bets on XRP, which hit a high of $1 this month.
Ash Crypto estimates that the price of XRP will fluctuate between $3 and $5 over the next six to twelve months. In doing so, XRP will eventually surpass its all-time high of $3.40, a level that has been stable for the past seven years.
Along with Dogecoin and XRP, the analyst made predictions for several other prominent assets in the market.
