The Dogecoin price and XRP price are expected to surge by the end of November. RCOF, however, is a new project primed to outshine all comers very soon.
The price of XRP has finally crossed the $1 mark for the first time in nearly three years, setting the stage for speculation about its next move.
However, the XRP price’s journey to this milestone was almost immediately met with some resistance, as it was a bit slower than most of the cryptocurrencies even after Donald Trump’s win in the presidential elections mid-two weeks ago.
Unlike Bitcoin which enjoyed a surge to new highs within no time after the elections, the price of XRP was unable to gain increase at a similar pace and instead stayed around the $0.57 price region. This slow start evoked worries among the investors and some feared that XRP would lose this bull run completely.
However, XRP’s fortunes reversed dramatically this week. On Monday, the altcoin broke above the $0.60 resistance level, leveraging this newfound territory to propel itself toward even more substantial gains.
According to Coinmarketcap data, the XRP price has surged by 59.45% in the past week to trade at $1.12.
Regarding price predictions, some analysts have a positive outlook for Dogecoin. Technical indicators like the RSI and EMAs are showing bullish signals, so the price of XRP could soar to $1.34 in a few weeks.
Conversely, due to XRP’s recent bullish trend, some experts are skeptical as they believe that some traders may soon begin to take profit, thereby forcing its price to drop to $0.60.
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