Ripple (XRP) $2.6 It is among the most profitable altcoins of the day and rose by 10 percent. While DOGE price increases by 12 percent, BTC is waiting for the US market close with a 5 percent increase. So what are the price expectations for two popular cryptocurrencies? What awaits investors?
Ripple (XRP)
Things went wrong with Gensler’s announcement that he would resign on November 21. XRP Coin has changed. The rise started at $1.06 and continued up to $2.93. XRP Coin, which has been maintaining $2.5 as support for a while, has successfully emerged from the last decline. Essentially, XRP was not that injured in the decline.
Rising above $2.66, XRP Coin price is now focusing on the $2.93 target. BTC Unless it does something interesting, the price is likely to reach this level. Gensler’s resignation will make XRP Coin investors happy the most and perhaps cause the appeal process to end early.
How PNUT became the iconic cryptocurrency for Trump’s election victory XRP Coin It turned into this for the US legal pressure on crypto. Events such as crypto decrees to be issued after Trump takes office, Paul’s confirmation by the Senate, and Gensler’s official resignation from office may trigger movements in favor of the popular altcoin in the coming days.
Dogecoin (DOGE)
Elon Musk’s dogecoin $0.354095 His sweet and tough relationship with continues. DOGE, the largest and also the oldest meme coin by market value, has had its share of the recent rise. Although it has not yet fully recovered its losses, it is performing better than most altcoins. The rapid rise and fall it experienced in 8 days at the beginning of January shows its rapid response to the BTC fluctuation.
If BTC quickly returns to six-digit levels with inflation data DOGE We can see that the price also regained $ 0.38. $0.38 is an important threshold for an increase here. Then, with the $ 0.428 resistance being overcome, the door will be opened to larger peaks. Ultimately, we would expect it to move towards the $1 target above the $0.48 cycle peak.
The fact that new investors turned to meme coins due to their speculative movements and that new meme coins received heavy blows with large declines made Dogecoin attractive again.
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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.