- Analysts predict that XRP could record some “crazy bullish candles” in 2025 to hit between $8 and $20 this cycle.
- Dogecoin (DOGE) is also reported to be gearing up for an explosive run once it successfully breaches a crucial psychological level.
XRP recently made a sudden surge to $2.5 after touching the $1.9 support level multiple times in the last days of December.
Similarly, Dogecoin (DOGE) recorded a 13% surge on its 24-hour price chart to extend its weekly gain to 22.9%.
According to our market data, the asset is currently gearing up towards its yearly high of $0.48 in an attempt to set a new all-time-high price above the $0.78 level.
Commenting on these price actions, a renowned analyst identified as Altcoin Daily has hinted that the asset could build on this momentum to hit $5 by the end of this cycle. Mathematically, this implies that XRP would need to record a 104% to reach its price ceiling. He also predicted that DOGE could finish the year with $1.25.
For popular pundit Ash Crypto, XRP could reach between the $3 and $5 price range 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 price points could be materialized in the near term.
According to him, the long-term projection for XRP should fall between $8 and $20. Even so, he believes that dismissing the asset’s potential of hitting $59 or even $100 is “short-sighted and overlooks the transformative potential of XRP.”
More on the XRP and DOGE Price Analysis
Throwing more light on his analysis, Pantoja highlighted that Ripple could take advantage of the limitations of Bitcoin as an efficient and robust blockchain for peer-to-peer (P2P) digital payment. According to him, an attempt by Ripple to overtake Bitcoin as the ideal network for cross-border payment could position its market cap near the $1.92 trillion valuation of BTC. At this level, XRP could be trading at $33.44, a 14X from the current price of $2.5.
Another bullish factor that could propel the asset to this significant price level is reported to be the progressive adoption of Ripple in the upcoming wave of pro-crypto regulations.
Speaking on the DOGE’s potential in this cycle, an analyst identified as Cryptotutor has 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 the price. Groks tells me that in the 133 months, Doge outperformed Bitcoin in 48 instances (36%). I’m betting on some crazy bullish candles in 2025 as well. However, at the same time, I expect more red candles than green candles in 2025 for doge/BTC.
Earlier, analyst Balo labeled the $0.28 level as a crucial support zone corresponding to the 0.786 Fibonacci retracement level. According to him, a decisive move above this level could be the start of a sustained upward trajectory. Currently, the next resistance levels are found at $0.43, $0.48, and ultimately $0.60.
