Crypto Price Predictions For 2024: Dogecoin To $2 And XRP To $3
Release: 2024/05/14 04:09 Reading: 495
- Original author：Bitcoinist
- Original source：https://bitcoinist.com/?p=299712
Cryptocurrency Price Predictions: Dogecoin, XRP, and Beyond
Crypto analyst Kyle Chasse has released his price projections for various cryptocurrencies. His targets for Dogecoin (DOGE) and XRP stand out, given the ambitious heights he anticipates these coins reaching.
Dogecoin to $2, XRP to $3
In a post on X (formerly Twitter), Chasse predicted that Dogecoin would climb to $2 and XRP to $3. His forecast for Dogecoin is particularly noteworthy, as other analysts like Altcoin Sherpa have suggested that $1 may be the coin's highest attainable level during this bull run. Chasse's prediction thus elevates expectations for the meme coin.
Skepticism and Optimism for Dogecoin
Despite Chasse's bullish outlook, some remain skeptical about Dogecoin reaching even $1. Pav Hundal, lead analyst for Australian exchange Swyftx, believes that investors who purchased Dogecoin at its previous peak may sell off as soon as it reaches a new all-time high, creating significant selling pressure.
Conversely, crypto analyst Kevin (formerly Yomi OG) has predicted that Dogecoin could rally above $3, based on its performance in past bull markets.
XRP Predictions: Conservative or Ambitious?
Chasse's prediction for XRP rising to $3 seems conservative compared to other forecasts. Ash Crypto anticipates XRP reaching $5 within the next 12 to 16 months, while CrediBULL Crypto claims it could surge to $20.
Egrag Crypto is the most optimistic, predicting that XRP could climb to $27, citing its parabolic run in 2017 when it gained 61,000% in 280 days.
Other Crypto Token Predictions
Chasse also outlined targets for other major cryptocurrencies:
- Bitcoin: $150,000
- Ethereum: $9500
- Cardano: $7
These predictions align with the bullish sentiment expressed by other analysts, such as Tom Lee of Fundstrat, who forecasts Bitcoin reaching $150,000 by year-end.
src="/uploads/20240514/171563314766427bfb3511b.png"> DOGE price at $0.14 | Source: DOGEUSDT on Tradingview.com Featured image from Securities.io, chart from Tradingview.com
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