XRP recently made a sudden jump to $2.5 after repeatedly touching the $1.9 support level in the last days of December.
Similarly, Dogecoin (DOGE) recorded a 13% rise on its 24-hour price chart to extend its weekly gain to 22.9 percent.
According to our market data, the asset is currently preparing for its yearly high of $0.48 in an attempt to set a new all-time high above the $0.78 level.
Commenting on this price action, well-known analyst Altcoin Daily hinted that the asset could build on this momentum and reach $5 by the end of this cycle. Mathematically, this implies that XRP would need to record 104% to reach its price ceiling. He also predicted that DOGE could end the year at $1.25.
For popular expert Ash Crypto, XRP could reach a price range between $3 and $5 in the next six months. Additionally, this analyst expects DOGE to reach between $1 and $3 within the cycle. Fascinatingly, other analysts, including Armando Pantoja, believe that these predicted prices could materialize in the near future.
According to him, the long-term projection for XRP should fall between $8 and $20. Even so, he believes dismissing the asset’s potential to hit $59 or even $100 is “short-sighted and overlooks the transformative potential of XRP.”
More on XRP and DOGE price analysis
Shedding more light on his analysis, Pantoja noted that Ripple could exploit Bitcoin’s limitations as an efficient and robust blockchain for peer-to-peer (P2P) digital payments. According to him, Ripple’s attempt to overtake Bitcoin as the ideal network for cross-border payments could position its market capitalization close to BTC’s value of $1.92 trillion. At this level, XRP could trade at $33.44, which is 14 times higher than the current price of $2.5.
Another bullish factor that could propel the asset to this significant price level is reportedly Ripple’s progressive adoption in the coming wave of pro-crypto regulations.
Speaking about DOGE’s potential in this cycle, an analyst identified as Cryptotutor also hinted that there could be some “crazy bullish candles” in 2025.
In the period 2015-2017 i doubled my bitcoin bags by buying doge low – waiting and selling it at least double that. Groks tells me that in 133 months, Doge has outperformed Bitcoin 48 times (36%). I’m also betting on some crazy bullish candles in 2025. However, at the same time, I expect more red candles than green ones in 2025 for doge/BTC.
Earlier, analyst Balo marked the $0.28 level as a key support zone corresponding to the 0.786 Fibonacci retracement level. According to him, a decisive move above this level could be the beginning of a continuous upward trajectory. Currently, the next resistance levels are at $0.43, $0.48 and finally $0.60.
