Bitcoin has recovered from its traumatic drop to $57K. Bitcoin hovered at $58K as of press time. It was down 1.57 % in the past 24 hours. Ripple(XRP) as well Dogecoin(Doge) also have experienced fluctuation.
Ripple, which has recently gained a victory in its battle with the US SEC by winning the legal case, now trades in green. It is up 0.18% during the last 24-hours.
Dogecoin, another meme-based token is also currently trading at $0.1004, an 1% drop in the past 24 hours. This is how XRP (Ripple) and Dogecoin could end August 2024.
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Ripple (XRP), Dogecoin, and August price forecasts
Dogecoin
Dogecoin This popular token is in line with the leading crypto-tokens.
Tesla CEO Elon Mots has continuously endorsed this token. It is one of the most popular coins currently in the crypto world. Doge is yet to experience a spectacular bull run. This year, the token’s price has been largely in the red. It is now waiting for its next bullish surge.
As per CoinCodexDoge’s price may drop to $0.89 on August 31st. This would be a decline of 11%. By September 17th, the price of Doge may have fallen by 13%.
Our current Dogecoin prediction predicts that the Dogecoin will drop by 13.81% by September 17th 2024 and hit $0.086712. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 31 (fear). Dogecoin has recorded nine/30 (30%) days of green with a 12.10% volatility in price over the past 30 days.
Ripple (XRP),
The XRP currency is a cryptocurrency that can be used to buy and sell goods. It is one the most popular crypto tokens at the moment. The US SEC has released the token from its restrictions, allowing it to chart its own price path.
In a four-year battle with the US SEC, the token emerged as victors. Ripple’s plan to create global partnerships for XRP has also paid off. The token is now at new record highs.
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As per CoinCodexThe price of XRP is likely to end the month on a high note. CC says that the token’s price may rise sharply by 26 percent to reach $0.72.
On September 17th, XRP could reach a price of $0.68.
“According to our current XRP price prediction, the price of XRP is predicted to rise by 20.72% and reach $0.686821 by September 18, 2024. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 28 (fear). XRP recorded 16/30 (53%) green days with 5.68% price volatility over the last 30 days.”
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Source: watcher.guru