The cryptocurrency market is currently in a healing mode. With changing geopolitical narratives and dynamics, Bitcoin dropped significantly last week, trading at $60K. However, BTC has regained some of its lost strength and is currently at $62K. The altcoin market also responds positively to the change, with Ripple (XRP) and Dogecoin (Doge) waiting for their bullish price prospects. Will they be able to reclaim a new price high this October?
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Ripple (XRP) Price Prediction
Source – CryptoRank
Ripple is one of the leading cryptocurrencies in the space. With the Bitwise XRP ETF underway, XRP is once again grabbing the central spotlight and consistently working its way to the top of the radar. The token also forges ways to spark institutional interest, leaving no stone unturned to climb the high ladder.
According to CoinCodex, XRP may surge by a notable 27% to hit a new price mark of $0.67 by October 15. The token is currently trading at a price pedestal of $0.54.
Image: CoinCodex
By the end of October, Ripple can sit at a new high level of $0.64.
Image: CoinCodex
“According to our current XRP price prediction, the price of XRP is predicted to rise by 19.11% and reach $0.645031 by November 6, 2024. Per our technical indicators, the current sentiment is bearish while the Fear & Greed Index is showing 50 (neutral). XRP recorded 17/30 (57%) green days with 5.48% price volatility over the last 30 days. Based on the XRP forecast, it’s now a bad time to buy XRP.”
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Dogecoin (Doge) Price Prediction
Source – Token Metrics
Dogecoin is undoubtedly one of the favorite meme coins with which crypto traders can trade and interact. The token has long been stuck in a consolidatory phase, unable to breach past its critical price juncture, and is currently sitting at $0.1136.
According to CoinCodex, Doge may drop further by October 15, noting a decline of 3%. It may trade at a price level of $0.109765.
Image: CoinCodex
By the end of October 2024, Doge may sit at a stable price threshold of $0.098224.
Image: CoinCodex
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to drop by -13.41% and reach $0.098224 by November 6, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 50 (Neutral). Dogecoin recorded 18/30 (60%) green days with 7.37% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”
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